The GBPUSD pair managed to breach 1.2590 strongly to confirm the continuation of the bullish trend domination, organized inside the bullish channel that appears on the chart, which reinforces the chances of achieving more positive targets that start at 1.2725 and extend to 1.2860.
The EMA50 continues to support the suggested bullish wave, which will remain valid conditioned by the price stability above 1.2590 – 1.2560 levels.
The expected trading range for today is between 1.2590 support and 1.2750 resistance.
Origin: Economies
