The GBPUSD pair fluctuates with slight positivity and still near the minor bullish channel’s support line, while stochastic overlaps positively to provide positive motive that we are waiting to assist to push the price to resume the main bullish wave, reminding you that our next target is located at 1.2440.
On the other hand, we should note that breaking 1.2260 will stop the suggested positive scenario and press on the price to turn to decline.
The expected trading range for today is between 1.2250 support and 1.2400 resistance.
The expected trend for today: Bullish