Gold price continues to fluctuate near 2920.00$ level, waiting to breach this level to confirm the continuation of the bullish wave and achieve more gains in the upcoming period, noticing that stochastic attempts to gain the positive momentum to support het chances of achieving the required breach.

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The GBPUSD price shows weak trades since morning, keeping its stability above 1.2925$ level, thus, no change to the expected bullish trend scenario for today, which depends on the price stability above the mentioned level, while its next targets located at 1.3000$ and extend to 1.3130$.

The EURUSD price tested 1.0900$ barrier and rebounds bullishly to attempt to resume the expected bullish trend for today, noticing that stochastic gains the positive momentum gradually, while the EMA50 continues to provide the positive support to the price.

The EURGBP price succeeded to regain the bullish bias by surpassing 0.8315 resistance line, forming many bullish waves to notice achieving big gains by settling near 0.8430 now.

We expect to form additional support at 0.8400, along with getting continuous positive momentum by the major indicators, to increase the chances of targeting 0.8460 level, while surpassing it will extend trades towards the second target at 0.8485.

The expected trading range for today is between 0.8410 and 0.8460

Trend forecast: Bullish