The GBPUSD pair leans on the EMA50 and attempts to resume the positive trades, to keep the bullish trend scenario active for the upcoming period, as the price records higher lows that support the chances of achieving more gains on the intraday and short term basis, noting that our waited target is located at 1.3870.
Holding above 1.3680 is important to continue the bullish trend, as breaking it will press on the price to turn to decline and head to test 1.3570 areas initially.
The expected trading range for today is between 1.3700 support and 1.3860 resistance.
The expected trend for today: Bullish
Origin: Economies
