The GBPUSD pair succeeded to achieve our first waited target at 1.2515, starting today with additional bullish bias to breach this level and confirms opening the way to extend the bullish wave on the short term basis, heading towards visiting 1.2777 level as a next target.
Therefore, the bullish trend will remain suggested in the upcoming sessions, organized inside the bullish channel that appears on the chart, noting that breaking 1.2515 will put the price under intraday negative pressure that targets testing 1.2304 level initially before determining the next trend.
The expected trading range for today is between 1.2500 support and 1.2670 resistance.
The expected trend for today: Bullish
Origin: Economies
