The GBPUSD pair managed to achieve our first waited target at 1.3910 and breached it to confirm opening the way to achieve more positive targets, waiting to visit 1.4000 as a next target, noting that breaching this level will lead the price to continue the rise towards the previously recorded high at 1.4240.
The EMA50 continues to support the expected bullish wave, which will remain valid conditioned by the price stability above 1.3790.
The expected trading range for today is between 1.3850 support and 1.4020 resistance.
The expected trend for today: Bullish
Origin: Economies
