The GBPUSD price provided additional positive trades to approach the key resistance 1.2440$, and as we mentioned this morning, this level represents one of the trend keys beside 1.2300$ support line, as the price needs to break one of them to detect its next destination clearly.

Therefore, we will continue with our neutrality until we get clearer signal for the next trend, while the expected targets after breaching the mentioned levels are explained in our morning report.

The expected trading range for today is between 1.2300$ support and 1.2475$ resistance

Trend forecast: Neutral

The EURUSD price achieved initial breach to 1.0455$ level and attempts to hold above it, reinforcing the expectations of continuing the bullish trend for the rest of the day, paving the way to head towards 1.0600$ that represents our next main target.

The price needs to build strong support base above 1.0455$ to guarantee the continuation of the bullish wave, as failing to hold above this level will put the price under negative pressure that targets 1.0325$ areas as a first station.

The expected trading range for today is between 1.0360$ support and 1.0520$ resistance

Trend forecast: Bullish

The EURGBP price ended the recent bullish rally by achieving the target at 0.8465, to form solid barrier against the bullish attempts to notice the beginning of forming correctional bearish trades by fluctuating near 0.8425.

Also, stochastic begins to provide the negative momentum by approaching 50 level to reinforce the negativity for now and expect suffering additional losses by moving towards 0.8400 and 0.8365 levels before any new attempt to renew the bullish attempts.

The expected trading range for today is between 0.8400 and 0.8445

Trend forecast: Bearish

Natural gas price faced strong negative pressures yesterday to force it to form negative attack and settle below the bullish channel’s support line at 3.650$, suffering big losses by reaching 3.440$.

Note that the continuous fluctuation below the broken support and stochastic negative momentum signals allow us to suggest more negative attempts that might target 3.330$ and 3.1900$ levels.

The expected trading range for today is between 3.330$ and 3.600$

Trend forecast: Bearish