The GBPUSD pair tested the key support 1.2720 and bounced bullishly to settle inside the bullish channel again, which keeps the bullish trend scenario valid and active for the upcoming period, reminding you that we are waiting to visit 1.2880 as a next main target.
The technical indicators provide positive signals that support the continuation of the suggested bullish wave, which will remain valid unless breaking 1.2720 and holding below it.
The expected trading range for today is between 1.2720 support and 1.2870 resistance.
The expected trend for today: Bullish
Origin: Economies
