The GBPUSD pair resumed its positive trading clearly to approach the intraday bullish channel’s resistance line, reinforcing the expectations of continuing the bullish trend, which targets 1.3870 as a next station, noting that breaching this level will extend the bullish wave to reach 1.4000.
The EMA50 continues to support the expected bullish trend, which will remain valid conditioned by the price stability above 1.3765.
The expected trading range for today is between 1.3750 support and 1.3930 resistance.
The expected trend for today: Bullish
Origin: Economies
