The GBPUSD pair succeeded to achieve our first positive target at 1.3315 and breached it to close the daily candlestick above it, which supports the chances of extending the correctional bullish wave to target 1.3410 as a next station.
Therefore, the bullish bias will remain suggested for the upcoming period, supported by moving above the EMA50, noting that breaking 1.3315 and holding below it will put the price under negative pressure and attempt to return to the main bearish track again.
The expected trading range for today is between 1.3250 support and 1.3420 resistance.
The expected trend for today: Bullish
Origin: Economies
