The GBPUSD pair breached 1.3800 level and settled above it, to activate the bullish trend scenario on the intraday basis, targeting heading towards 1.3950 as a next positive target.
Therefore, the bullish bias will be suggested for the upcoming sessions supported by moving above the EMA50, noting that the continuation of the bullish wave requires holding above 1.3800 and the most important above 1.3745.
The expected trading range for today is between 1.3745 support and 1.3920 resistance.
The expected trend for today: Bullish
Origin: Economies
