The GBPUSD pair touched the bullish channel’s support line and bounced bullishly from there, to start testing 1.3615 level, which hints the price head to resume the main bullish trend, on its way to achieve positive targets that start at 1.3700 and extend to 1.3815.
Therefore, the bullish bias will be expected for today, noting that failing to breach 1.3615 will press on the price to decline again and attack 1.3520 to achieve more intraday decline.
The expected trading range for today is between 1.3520 support and 1.3700 resistance.
The expected trend for today: Bullish
Origin: Economies
