The GBPUSD price provided clear positive trades yesterday to move away from 1.2415$, reinforcing the expectations of continuing the correctional bullish trend, which its next target located at 1.2605$.
The EMA50 supports the suggested bullish wave, noting that breaking 1.2415$ will stop the positive scenario and push the price to attempt to return to the main bearish track again.
The expected trading range for today is between 1.2400$ support and 1.2565$ resistance
Trend forecast: Bullish
