The GBPUSD pair started to rebound bullishly after retesting the breached resistance of the bullish flag yesterday, and the EMA50 managed to protect the price from achieving more decline, to keep the bullish trend active on the intraday and short term basis, and we believe that the way is open to achieve our main waited target at 1.3045.
We remind you that holding above 1.2840 is important to continue the expected rise, as breaking it will force the price to turn to decline and visit 1.2670 level initially.
The expected trading range for today is between 1.2840 support and 1.3020 resistance.
The expected trend for today: Bullish
Origin: Economies
