The GBPUSD pair resumes its positive trading to move away from 1.2590 level, reinforcing the expectations of continuing the bullish trend, organized inside the bullish channel that has positive targets that surpass 1.2725 to reach 1.2860.
The EMA50 continues to support the suggested bullish wave, noting that breaking 1.2590 will stop the expected rise and press on the price to turn to decline.
The expected trading range for today is between 1.2590 support and 1.2740 resistance.
Origin: Economies
