The GBPUSD pair finds difficulty to surpass the EMA50, to fluctuate around 1.2077 now, noticing that stochastic gathers the positive momentum clearly, waiting to motivate the price to resume the positive trades to surpass the EMA50 and ease the mission of rallying towards our first positive target at 1.2210.
Therefore, we will keep our bullish overview unless breaking 1.2045 and holding below it.
The expected trading range for today is between 1.2020 support and 1.2170 resistance.
The expected trend for today: Bullish
Origin: Economies
