The GBPUSD pair ended yesterday above the main bullish channel’s support line, which push the price to achieve more gains on the short term and medium term basis, paving the way to head towards 1.4080 followed by 1.4235 levels as next main stations.
Therefore, we will continue to suggest the bullish trend for the upcoming period supported by the EMA50, noting that breaking 1.3945 and holding below it will stop the positive scenario and put the price under the negative pressure again.
The expected trading range for today is between 1.3920 support and 1.4080 resistance.
The expected trend for today: Bullish
Origin: Economies
