The GBPUSD pair traded with clear positivity yesterday to breach 1.2320 and settles above it again, to regain the main bullish track and approach our first suggested positive target at 1.2440, waiting to breach this level to open the way to head towards 1.2595 as a next main station.

Therefore, the bullish bias will be expected for today, noting that breaking 1.2320 will stop the positive scenario and put the price under the negative pressure on the intraday basis.

The expected trading range for today is between 1.2320 support and 1.2500 resistance.

The expected trend for today: Bullish

The EURUSD pair returns to rise after the temporary decline that it witnessed in the previous sessions, to surpass 1.0900 barrier and settles above it, which supports the continuation of the expected bullish trend for the upcoming period, which targets 1.1030 as a next main station.

The EMA50 keeps supporting the suggested bullish wave, which will remain valid unless breaking 1.0840 and holding below it.

The expected trading range for today is between 1.0850 support and 1.1010 resistance.

The expected trend for today: Bullish

Alphabet's stock (GOOG) fell in the intraday levels after the US Justice Department filed a anti-trust lawsuit against Google for its digital ad business, sending the stock down 1.98%, or 2 points, settling at 99.21, with trading volumes surpassing 27.3 million shares, similar to 10-day averages. 

Technically, the stock is exposed to negative pressure after hitting the resistance of the main downward trend line in the short term, with negative signals from the RSI, while receiving positive support from the 50-day SMA. 

Therefore we expect more losses for the stock, targeting the support of 94.40, provided the resistance of 102.60 holds on.

Expected trend for today: Bearish 

Lockheed Martin's stock (LMT) rose in the intraday levels after reporting forecast-beating profits and earnings, sending the stock up 1.8% in the last session, or 7.95 points, and settling at 449.23, with trading volumes surpassing 2.8 million shares, above 10-day averages of 1.6 million shares. 

Technically, the stock was bolstered by the support of 441.65, lending it momentum amid attempts to recoup some losses, while venting off oversold saturation in the RSI, while hurt by a negative pattern that formed in the short term, the Double Top pattern, with negative pressure from the 50-day SMA, amid the dominance of the main upward medium-term trend.

Therefore we expect the stock to return lower, targeting the support of 418.60 as a price target for the Double Top pattern, provided the resistance of 458.00 holds on. 

Expected trend for today: Bearish