The GBPUSD pair provided clear negative trading this morning to approach from the minor bullish channel’s support that located at 1.4555, where the price affected by stochastic negativity that appears on the four hours time frame, and the price needs to settle above the mentioned level to keep the expected positive scenario for today valid.
Therefore, we will keep our bullish trend expectations that its main target at 1.4885, being aware that breaking 1.4555 level will turn the intraday trading to the downside to visit 1.4260 level directly.
Expected trading range for today is between 1.4600 support and 1.4855 resistance.
Expected trend for today: Bullish