Русский
The GBPUSD pair bounced downwards clearly after testing 1.2720 level in the previous sessions, to approach the key support 1.2590, noticing that the EMA50 forms good support against the price, accompanied by witnessing clear positive signals through stochastic now.
Therefore, these factors encourage us to suggest the bullish trend in the upcoming sessions, and the targets begin at 1.2720, taking into consideration that breaking 1.2590 will complete forming bearish pattern that has negative targets that reach 1.2460.
The expected trading range for today is between 1.2570 support and 1.2720 resistance.
The expected trend for today: Bullish
Origin: Economies
