The GBPUSD pair succeeded to achieve our first positive target at 1.2600 and breached it to confirm the continuation of the bullish trend domination, and the way is open to head towards our next target at 1.2680, noting that surpassing this level will push the price to achieve additional gains that reach 1.2770.
Therefore, we are waiting for more rise in the upcoming sessions, supported by the EMA50 that carries the price from below, noting that breaking 1.2545 will push the price to test 1.2470 areas again before any new attempt to rise.
The expected trading range for today is between 1.2550 support and 1.2700 resistance.
The expected trend for today: Bullish
Origin: Economies
