The GBPUSD pair trades positively now to breach the falling wedge’s resistance line that appears on the chart, to get positive motive that we are waiting to assist to push the price to resume the main bullish wave, which targets 1.3200 followed by 1.3295 levels as next main stations.
Therefore, our bullish overview will remain valid and active, and breaching 1.3120 will ease the mission of achieving the waited targets, taking into consideration that breaking 1.3075 will stop the expected rise and push the price to achieve some bearish correction.
The expected trading range for today is between 1.3010 support and 1.3180 resistance.
The expected trend for today: Bullish
Origin: Economies
