The GBPUSD pair finds solid support at 1.2805, to start bouncing bullishly from there, which makes us suggest heading to attempt to resume the main bullish trend within the bullish channel that appears on the chart, waiting to achieve positive targets that start by surpassing 1.2870 to open the way to head towards 1.2935 followed by 1.3010.
Therefore, the bullish trend will be expected in the upcoming sessions, and the price needs to get additional positive motive to assist to achieve the suggested targets, noting that breaking 1.2805 followed by 1.2780 levels will push the price out of the mentioned bullish channel to turn to decline on the short term basis.
The expected trading range for today is between 1.2775 support and 1.2930 resistance.
The expected trend for today: Bullish
Origin: Economies
