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The GBPUSD confirms the breach - Analysis - 12-09-2023
The GBPUSD pair ended yesterday above 1.2505, to confirm the continuation of the bullish trend domination on the intraday basis, waiting to resume the bullish bias and head towards 1.2625 as a next main station.
Stochastic gets rid of its negative momentum clearly to support the expectations to rise in the upcoming sessions, taking into consideration that breaking 1.2505 will stop the positive scenario and push the price to return to the main bearish track again.
The expected trading range for today is between 1.2450 support and 1.2600 resistance.
The expected trend for today: Bullish
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