The GBPUSD pair managed to confirm breaching 1.2870 and build support base above it, reinforcing the expectations of continuing the bullish trend, which its next targets located at 1.2935 followed by 1.3010.
The technical indicators provide negative signals that might slow down the expected bullish wave, waiting to get positive motive that assist to push the price to achieve the waited targets, taking into consideration that breaking 1.2870 followed by 1.2805 levels will stop the expected rise and force the price to achieve additional bearish correction on the longer-term basis.
The expected trading range for today is between 1.2820 support and 1.2980 resistance.
The expected trend for today: Bullish
Origin: Economies
