Despite the stability of the GBPAUD price within the main bullish channel’s levels, its repeated fluctuations below the extra resistance at 2.1040 decelerates its bullish attempts, which forces it to provide new sideways fluctuation by its stability near 2.0960, while the unionism of providing positive momentum by the main indicators makes us monitor the price behavior until achieving the required breach, to ease the mission of targeting the positive stations near 2.1090 and 2.1140.

 

The risk of changing the bullish trend in the current trading by reaching below 2.0870 level and providing negative close, which increase the chances for forming new bearish correctional trading, which forces it to suffer 

 

The expected trading range for today is between 2.9030 and 2.1090

 

Trend forecast: Bullish