The GBPUSD pair rallied upwards clearly yesterday to approach our waited target at 1.2515, getting positive support by the EMA50, to support the chances of achieving more gains in the upcoming sessions, noting that breaching the mentioned level will extend the bullish wave to reach 1.2640 followed by 1.2777 levels.
Therefore, the bullish bias will remain suggested on the intraday basis, reminding you that the continuation of the bullish wave depends on the price stability above 1.2304.
The expected trading range for today is between 1.2400 support and 1.2590 resistance.
The expected trend for today: Bullish
Origin: Economies
