The GBPUSD pair ended last Friday with clear positivity to breach 1.2825 and settles above it, to cancel the negative effect of the double top pattern and return to the main bullish channel again, paving the way to resume the main bullish trend and head to achieve positive targets that start at 1.2945 and extend to 1.3050.
Therefore, the bullish trend will be suggested for today, and the price needs to get positive motive that assist to rally towards the suggested targets, noting that breaking 1.2825 will stop the expected rise and push the price to return to the correctional bearish track again.
The expected trading range for today is between 1.2790 support and 1.2950 resistance.
The expected trend for today: Bullish
Origin: Economies
