The GBPUSD pair rallied upwards strongly this morning to achieve our waited target at 1.3380 and surpasses it to settle above it, which opens the way to extend the bullish wave on the longer term basis, paving the way to visit the bullish channel’s resistance at 1.3700.
Therefore, the bullish trend will remain dominant in the upcoming sessions, taking into consideration that breaking 1.3380 will stop the suggested rise and press on the price for some temporary bearish correction before resuming the bullish trend.
The expected trading range for today is between 1.3380 support and 1.3560 resistance.
The expected trend for today: Bullish