The GBPUSD pair shows positive trades to attempt to breach 1.2345 level, affected by stochastic positivity, and the price needs to hold below this level to keep the correctional bearish trend valid for today, which targets 1.2240 as a next main station.

On the other hand, we should note that confirming breaching 1.2345 will stop the bearish wave and push the price to attempt to regain the main bullish trend again.

The expected trading range for today is between 1.2240 support and 1.2390 resistance.

The expected trend for today: Bearish

The EURUSD pair provides additional positive trades to approach the correctional bearish channel’s resistance at 1.0750, and as we mentioned this morning, the price needs to consolidate below this resistance to keep the bearish trend scenario active, supported by stochastic loss to the positive momentum clearly, waiting to trade below 1.0730 again to reinforce the chances of resuming the bearish wave that its next target located at 1.0650.

On the other hand, we should note that breaching 1.0750 will push the price to turn to rise in the upcoming sessions to head towards 1.0795 as a first positive station.

The expected trading range for today is between 1.0640 support and 1.0800 resistance.

The expected trend for today: Bearish

The EURGBP pair formed weak sideways trades recently, to consolidate below the additional barrier 0.8720 and face the contradiction between the major indicators, keeping the chances to renew the negative attack again.

Stochastic approach to 80 level confirms the beginning of getting rid of the positive pressures, to provide chances to gather the negative momentum and ease the mission of resuming the decline to reach the negative stations near 0.8660 and 0.8625.

The expected trading range for today is between 0.8710 and 0.8660

The expected trend for today: Bearish

Natural gas price continued to provide slow sideways trades, affected by the contradiction between the major indicators, in addition to the frequent stability above the additional support 1.950, to confirm postponing the negative attack caused by the main stability within the bearish channel that appears on the chart.

Therefore, we will keep suggesting the correctional bullish attempts on the near term basis, reminding you that the positive targets are located near 2.850 followed by reaching 3.100, to test the bearish channel’s resistance followed by monitoring its behavior due to the importance of this level to determine the next main trend.

The expected trading range for today is between 2.300 and 2.800

The expected trend for today: Bullish