The GBPUSD pair rallied upwards strongly to succeed achieving our second waited target at 1.2680, noticing that the price is affected by stochastic negativity to show negative trades now, and it might test 1.2600 and might extend to 1.2545 before turning back to rise again.
We expect the continuation of the main bullish trend domination in the upcoming period, supported by the EMA50 that carries the price from below, reminding you that our next target reaches 1.2770, while achieving it requires holding above 1.2545.
The expected trading range for today is between 1.2550 support and 1.2730 resistance.
The expected trend for today: Bullish
Origin: Economies
