The GBPUSD pair traded with strong positivity yesterday to surpass 1.3185 level and settles above it, confirming the continuation of the bullish trend on the short term basis, supported by the EMA50 that continues to carry the price from below, waiting for more rise to head towards 1.3400 that represents our next main station.
Therefore, the bullish trend will remain valid and active in the upcoming sessions, organized inside the bullish channel that appears on the chart, noting that the continuation of the bullish wave conditions holding above 1.3185 and the most important above 1.3120.
The expected trading range for today is between 1.3160 support and 1.3330 resistance.
The expected trend for today: Bullish
Origin: Economies
