years on the market

Currency pair analysis: GBP/USD

The British pound against the dollar stays stable above the 1.3470 level, which keeps the bullish corrective trend scenario active for the upcoming period. The price is waiting to visit the 1.3540 level initially.

However, breaking 1.3470 will stop the expected rise and pressure the price to resume the main bearish trend, which targets 1.3415 and 1.3355 as main stops.

The expected trading range for today: between the 1.3390 support and the 1.3560 resistance

The forecast trend for today: bullish

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