The GBPUSD pair hovers near 1.2840 level, as we mentioned in our last reports, the stability of the price above this level and above 1.2800 will keep the positive scenario active in the upcoming period, where breaking it will push the price under a negative pressure that its main targets begin at 1.2670.
On the other hand, the price needs to surpass 1.2895 level to ease the mission of resuming the bullish trend that targets 1.3045 levels mainly.
The expected trading range for today is between 1.2770 support and 1.2940 resistance.
The expected trend for today: Bullish
Origin: Economies
