The GBPUSD price confirmed stopped the temporary bearish correction after the bullish rally that it witnessed in the previous sessions, as it attempts to confirm breaching the bullish channel’s resistance line that appears on the chart, waiting for more rise to test 1.3400$ that represents our next station, and we suggest the continuation of the bullish wave to achieve additional positive targets that reach 1.3500$.
Therefore, the bullish trend will be expected for today, noting that breaking 1.3270$ will stop the expected rise and push the price to decline again.
The expected trading range for today is between 1.3270$ support and 1.3430$ resistance.
Trend forecast: Bullish
