The GBPUSD pair shows sideways and tight trading range since morning, keeping its stability above 1.2847 level, to keep the bullish trend valid and active for today, pointing that stochastic negativity explains the reasons for the bullish bias slowness.
Until now, the bullish trend scenario remains valid and active for today conditioned by holding above 1.2847, reminding you that our main waited targets begin at 1.3007 then 1.3106.
Expected trading range for today is between 1.2847 support and 1.3010 resistance.
Expected trend for today: Bullish