The GBPUSD pair shows positive trades to approach our main waited target at 1.2440, organized inside the bullish channel that appears on the chart, which has positive targets that surpass the mentioned level to reach 1.2610 areas.
Therefore, the bullish trend scenario will remain valid and active, getting good positive support by the EMA50, taking into consideration that breaking 1.2325 followed by 1.2270 levels will stop the expected rise and press on the price to achieve some intraday bearish correction.
The expected trading range for today is between 1.2310 support and 1.2480 resistance.
The expected trend for today: Bullish
Origin: Economies
