The GBPUSD pair breached the symmetrical triangle’s resistance that confined the recent trades as appears on the chart, to head towards resuming the main bullish trend within the bullish channel, supported by the EMA50 that carries the price from below, waiting to visit 1.2000 areas mainly.
Therefore, we are waiting for more expected rise in the upcoming sessions unless breaking 1.1800 and holding below it.
The expected trading range for today is between 1.1810 support and 1.1990 resistance.
The expected trend for today: Bullish