The GBPUSD pair continues to fluctuate at the bullish channel’s support and remains above it, therefore, so our bullish trend expectations will remain active for today, conditioned by holding above 1.2400 level, waiting for activating the positive signal that comes from stochastic to push the price towards our initial target at 1.2520.
The expected trading range for today is between 1.2330 support and 1.2520 resistance.
The expected trend for today: Bullish