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The GBPUSD pair faced negative pressure after attempting to surpass 1.3300 barrier, to trade negatively and approaches the main bullish channel’s support line, noticing that the price bounced bullishly from there, to keep the bullish trend scenario active for the upcoming period, waiting to surpass 1.3285 to confirm opening the way to head towards 1.3475 followed by 1.3580 levels as next main stations.
On the other hand, we should note that breaking 1.3175 will stop the positive scenario and press on the price to start correctional bullish wave on the intraday basis.
The expected trading range for today is between 1.3175 support and 1.3320 resistance.
The expected trend for today: Bullish
Origin: Economies
