The GBPUSD pair shows sideways trading to remain stable above 1.4000 level, while stochastic attempts to get rid of the negative momentum and gain the positive momentum on the daily time frame, to assist pushing the price to continue the main bullish trend.
In general, we will continue to suggest the bullish trend for the upcoming period as long as the price remains stable above 1.3925, supported by the EMA50 that carries the price from below, reminding you that our next main target is located at 1.4344.
Expected trading range for today is between 1.3940 support and 1.4140 resistance.
Expected trend for today: Bullish