The GBPUSD pair shows positive trading affected by stochastic positivity, on its way for a potential test to the key resistance 1.3226, which represents one of the sideways range’s lines that dominates the recent trades besides 1.2962 support.
As we mentioned this morning, the sideways bias will remain dominant until the price confirms breaching one of the mentioned levels, noting that the details of the expected targets after the breach are explained in our morning report.
The expected trading range for today is between 1.2962 support and 1.3200 resistance.
The expected trend for today: Sideways