The GBPUSD pair faces negative pressure to test the intraday bullish channel’s support line that appears on the chart and begins to rebound bullishly now, to keep the bullish trend scenario valid and active for today, supported by the EMA50 that carries the price from below, which targets 1.3565 level as a next station, while achieving it requires holding above 1.3410.
The expected trading range for today is between 1.3400 support and 1.3575 resistance.
The expected trend for today: Bullish