The GBPUSD pair approached our waited target at 1.3000 and bounced bearishly to test the EMA50 again, noticing that stochastic gets rid of its negative momentum clearly, which supports the chances of resuming the positive attempts, waiting to test 1.3000 level mainly.
Therefore, we will continue to suggest the bullish trend for the upcoming period, taking into consideration that breaking 1.2815 will stop the expected rise and press on the price to head towards 1.2705 initially.
The expected trading range for today is between 1.2780 support and 1.2980 resistance.
The expected trend for today: Bullish
Origin: Economies
