The GBPUSD pair tested the intraday bullish channel’s support line and begins bouncing bullishly from there, which keeps our bullish overview valid for today, which gets continuous support by the EMA50, reminding you that our next target is located at 1.4200, while achieving it requires holding above 1.3975.
The expected trading range for today is between 1.3950 support and 1.4120 resistance.
The expected trend for today: Bullish