The GBPUSD pair continues to rise to reach 1.2160 areas, and returns to fluctuate around 1.2100 level now, affected by stochastic negativity that gains the positive momentum now, waiting to resume the positive trades to head towards our next target that rises to 1.2260.
The EMA50 continues to support the suggested bullish wave, which will remain valid conditioned by the price stability above 1.1990.
The expected trading range for today is between 1.2030 support and 1.2210 resistance.
The expected trend for today: Bullish