The GBPUSD pair breached the intraday bearish channel’s resistance clearly and settles above it, to head towards achieving expected gains on the intraday basis, targeting testing 1.4065 mainly.
Therefore, the bullish bias will be expected for today, noting that breaking 1.3920 will stop the expected rise and press on the price to decline again, as the main negative target is located at 1.3750.
The expected trading range for today is between 1.3860 support and 1.4050 resistance.
The expected trend for today: Bullish