The GBPUSD pair traded with strong positivity yesterday to surpass our waited target at 1.2000 and rallies towards achieving more gains on the intraday and short term basis, noting that our next station reaches 1.2225.
The EMA50 supports the expected bullish wave, organized inside the bullish channel that appears on the chart, noting that holding above 1.1950 is important to achieve the waited targets.
The expected trading range for today is between 1.2000 support and 1.2200 resistance.
The expected trend for today: Bullish