The GBPUSD pair continued to rise to breach 1.1470 and return to the bullish channel that appears on the chart, reinforcing the expectations of continuing the bullish trend in the upcoming period, waiting to get positive momentum that assists to push the price to head towards 1.1550 followed by 1.1645 after surpassing the previous level.
Therefore, we will continue to suggest the bullish trend, taking into consideration that breaking 1.1490 will put the price under intraday negative pressure that might head to test 1.1415 areas initially before any new attempt to rise.
The expected trading range for today is between 1.1430 support and 1.1600 resistance.
The expected trend for today: Bullish
Origin: Economies
