The GBPUSD pair breached 1.3900 level strongly to activate the bullish trend scenario on the intraday basis, opening the way to test 1.4020 level initially, noting that surpassing this level will push the price back to the main bullish channel followed by achieving extended gains on the short term and medium term basis.
Therefore, the bullish bias will be suggested in the upcoming sessions conditioned by the price stability above 1.3880.
The expected trading range for today is between 1.3880 support and 1.4040 resistance.
The expected trend for today: Bullish
Origin: Economies
