The GBPUSD pair bounced bullishly after testing the bullish channel’s support line, starting today with good rise to approach our first waited positive target at 1.3815, to keep the bullish trend scenario active for the upcoming period, which its targets extend to 1.3965 on the near term basis.
The EMA50 continues to support the suggested bullish wave, which will remain valid unless breaking 1.3705 and holding below it.
The expected trading range for today is between 1.3705 support and 1.3870 resistance.
The expected trend for today: Bullish
Origin: Economies
