The tight range dominates the GBPUSD pair’s trades since yesterday, which continues to fluctuate around 1.2700 barrier, which keeps the bullish trend scenario valid as it is without any change, and the targets begin by the attempt to return to the main bullish channel via the resistance gate at 1.2820, as the price needs to surpass this level to confirm rallying towards 1.2900 as a next positive station.
Therefore, we will keep our bullish overview conditioned by the price stability above 1.2675.
The expected trading range for today is between 1.2660 support and 1.2810 resistance.
The expected trend for today: Bullish
Origin: Economies
