The GBPUSD price succeeded to touch our waited target at 1.3044$ and finds solid resistance there, to show some sideways fluctuation, and the price needs to get positive motive that allows it to surpass the mentioned level and continue the rise on the intraday and short-term basis, reminding you that our next main target extends to 1.3175$.
The bullish channel continues to organize the suggested bullish wave, noting that breaking 1.2970$ will stop the expected rise and force the price to turn to decline, to head towards testing 1.2870$ areas mainly before any new positive attempt.
The expected trading range for today is between 1.2960$ support and 1.3110$ resistance.
Trend forecast: Bullish
Origin: Economies
