The GBPUSD pair declined to test 1.2962 level and bounced bullishly from there, to face the EMA50 that forms intraday resistance at 1.3035, and the price needs to surpass this level to ease the mission of continuing the bullish wave that its next main target located at 1.3226.
Therefore, we will keep our bullish overview in the upcoming period conditioned by the price stability above 1.2962.
The expected trading range for today is between 1.2960 support and 1.3100 resistance.
The expected trend for today: Bullish
Origin: Economies
