The GBPUSD pair faced negative pressure yesterday to test the bullish channel’s support line and settles there, accompanied by witnessing clear positive signals through stochastic, waiting to motivate the price to resume the recently suggested bullish wave, which targets 1.3890 followed by 1.3985 levels as next main stations.
Note that breaking 1.3785 and holding below it will stop the suggested rise and press on the price to turn to decline.
The expected trading range for today is between 1.3730 support and 1.3890 resistance.
The expected trend for today: Overall Bullish
Origin: Economies
