The GBPUSD pair keeps declining to test the EMA50 that forms good support base at 1.3040, to protect the continuation of the recently suggested positive scenario, noting that stochastic provides positive signals that we are waiting to motivate the price to rise in the upcoming sessions, as our next main target is located at 1.3226.
We should note that the continuation of the expected bullish trend conditions holding above 1.3040 and the most important above 1.2962.
The expected trading range for today is between 1.3020 support and 1.3180 resistance.
The expected trend for today: Overall Bullish