The GBPUSD pair fluctuates with clam positivity to remain stable above 1.2700 barrier, getting support by the EMA50 that carries the price from below, to keep the bullish trend active on the intraday basis, reminding you that we are waiting to visit 1.2780 followed by 1.2825 mainly.
Stochastic negativity interprets the reasons of the current slow bullish wave, reminding you that holding above 1.2650 is important to achieve the suggested targets.
The expected trading range for today is between 1.2660 support and 1.2810 resistance.
The expected trend for today: Bullish
Origin: Economies