The GBPUSD pair reached the thresholds of the first waited target at 1.2760, showing more bullish bias in attempt to breach this level, waiting to confirm the breach to open the way to rally towards our next main target that extends to 1.2925.
Therefore, we will continue to suggest the bullish trend for the upcoming period, taking into consideration that breaking 1.2700 will press on the price to start bearish correction on the intraday basis before resuming the suggested bullish trend.
The expected trading range for today is between 1.2680 support and 1.2840 resistance.
The expected trend for today: Bullish
Origin: Economies
