The GBPUSD pair succeeded to achieve our waited target at 1.3000, starting today with additional positivity to surpass this level and open the way to continue the rise on the short-term basis, noting that the next station is represented by testing the bullish channel’s resistance around 1.3080.
Therefore, we will continue to suggest the bullish trend for the upcoming period, and breaching the targeted level will push the price to 1.3200 as a next positive station, while holding above 1.2915 represents key condition to continue the expected rise.
The expected trading range for today is between 1.2950 support and 1.3100 resistance.
The expected trend for today: Bullish
Origin: Economies
