The GBPUSD pair managed to achieve strong breach to 1.1186 level to rally upwards and approach our first waited positive target at 1.1365, moving within bullish channel that supports the chances of achieving more gains in the upcoming period, to head towards visiting 1.1500 areas on the near term basis.
Therefore, the bullish trend scenario will remain active on the intraday basis, noting that breaking 1.1186 will stop the positive scenario and press on the price to turn to decline.
The expected trading range for today is between 1.1230 support and 1.1400 resistance.
The expected trend for today: Bullish
Origin: Economies
