Gold price trades with strong negativity to attack 2905.00$ and attempts to confirm breaking it, to hint heading to achieve more decline in the upcoming sessions, especially that we are witnessing clear negative signals through stochastic.

The GBPUSD price touched 1.2925$ level and shows bearish rebound from there, affected by the RSI negativity, waiting to get positive motive that push the price to breach the mentioned level followed by continuing the rise on the intraday and short-term basis, as the next target reaches 1.3000$.

The EURUSD price fluctuates around 1.0800$ barrier, affected by stochastic negativity to show some bearish bias, waiting to gather positive momentum that assist to push the price to resume the positive trades and breach 1.0830$ to open the way to rally towards 1.0975$.

The GBPCHF price formed strong bullish rally yesterday, taking advantage of the frequent consolidation within the minor bullish channel, to notice surpassing 1.1420 barrier and approaching 1.1510 resistance line.

Note that stochastic crawl towards the overbought areas will reinforce the chances of gathering the additional positive momentum to ease the mission of breaching the current resistance and start targeting new positive stations, starting as a 1.1545 level.

The expected trading range for today is between 1.1450 and 1.1545

Trend forecast: Bullish