The GBPUSD pair faced negative pressure after approaching 1.3900 barrier, noticing that stochastic got rid of its negative momentum to reach the oversold areas, waiting to motivate the price to resume the expected bullish trend for the upcoming period, which targets 1.3945 as a first main station.
Therefore, we will continue to suggest the bullish trend that moves organized inside the bullish channel that appears on the chart, noting that the expected rise requires holding above 1.3830 and the most important above 1.3760.
The expected trading range for today is between 1.3780 support and 1.3940 resistance.
The expected trend for today: Bullish
Origin: Economies
