The GBPUSD pair fluctuates with calm negativity to approach the bullish channel’s support line, and the EMA50 meets this support to add more strength to it, while stochastic gathers the positive momentum clearly, waiting to resume the bullish trend that depends on the price stability above 1.2130, while it targets 1.2345 as a next main station.
The expected trading range for today is between 1.2120 support and 1.2290 resistance.
The expected trend for today: Bullish