The GBPUSD pair provided clear negative trades yesterday and settles around 1.3325 now, noticing that the EMA50 managed to protect the price from achieving more decline, to support the chances of resuming the main bullish trend, which its next targets located at 1.3580.
On the other hand, we should note that breaking 1.3310 followed by 1.3280 levels will stop the expected rise and press on the price to continue the decline and visit 1.3135 level before any new positive attempt.
The expected trading range for today is between 1.3250 support and 1.3420 resistance.
The expected trend for today: Bullish
Origin: Economies
