The GBPUSD pair managed to breach 1.3196 level and closed the daily candlestick above it, to activate the bullish trend scenario on the intraday and short term basis, targeting the return to the main bullish trend again, supported by the positive overlapping signal that appears on stochastic.
Therefore, the bullish trend will be expected in the upcoming sessions, and the targets begin at 1.3295 and extend to 1.3418, taking into consideration that breaking 1.3196 will stop the positive scenario and push the price for more bearish correction to test 1.3096 areas mainly.
Expected trading range for today is between 1.3130 support and 1.3320 resistance.
Expected trend for today: Bullish