The GBPUSD pair tests the main bullish channel’s support line, which urges caution from the upcoming trading, as the price needs to consolidate above 1.3840 to keep the positive scenario active for today, as breaking it will press on the price to turn to decline, while the main waited positive target is located at 1.4000.
The expected trading range for today is between 1.3820 support and 1.4000 resistance.
The expected trend for today: Bullish