The GBPUSD pair touched 1.1700 barrier, affected by stochastic negativity to fluctuate within sideways track now, waiting to get positive momentum that assists to push the price to resume the correctional bullish wave, which its targets begin at 1.1735 and extend to 1.1840 after surpassing the previous level.
The EMA50 continues to support the suggested bullish wave, which will remain valid unless breaking 1.1610 and holding below it.
The expected trading range for today is between 1.1610 support and 1.1790 resistance.
The expected trend for today: Bullish
Origin: Economies
