The GBPUSD pair finds difficulty to surpass 1.1186 level, to show sideways trades and attempts to gather the positive momentum, waiting to resume the positive attempts to breach the mentioned level and confirm opening the way to rally towards 1.1365 as a next positive target.
Therefore, we will continue to suggest the bullish trend on the intraday basis, affected by the completion of the double bottom pattern that appears on the chart, noting that breaking 1.1015 will stop the expected rise and press on the price to return to the main bearish track again.
The expected trading range for today is between 1.1050 support and 1.1220 resistance.
The expected trend for today: Bullish
Origin: Economies
