GBPUSD Technical Analysis
The GBPUSD pair faces negative pressure to attack the bullish channel’s support line and press on the next key support 1.1518, which urges caution from the upcoming trading, as confirming the break will stop the expected positive scenario for today and force the price to start new bearish wave, while the price needs to step above 1.1.1357 again to regain the bullish trend that its next target located at 1.1490.
The expected trading range for today is between 1.1230 support and 1.1360 resistance. The expected trend for today: Bullish.