The GBPUSD price ended last Friday with strong positivity, as it breached 1.2827 and settled above it, to support the expectations of continuing the bullish trend on the intraday and short-term basis, noting that our next targets begin at 1.2915 and extend to 1.3000.
Holding above 1.2827 represents key condition to achieve the suggested targets, as breaking it will push the price to achieve some bearish correction and head to test 1.2725 initially before any new attempt to rise.
The expected trading range for today is between 1.2780 support and 1.2930 resistance.
Trend forecast: Bullish
Origin: Economies
