The GBPUSD pair opened today with additional positivity to return to the bullish channel that appears on the chart, which leads the price to resume the main bullish trend again, on its way to achieve gains that start by visiting 1.2880 areas.
Therefore, the bullish bias will be suggested for the upcoming sessions, supported by the EMA50 that carries the price from below, noting that breaking 1.2720 will stop the expected rise and put the price under correctional bearish pressure on the intraday basis.
The expected trading range for today is between 1.2700 support and 1.2860 resistance.
The expected trend for today: Bullish
Origin: Economies
