The GBPUSD pair resumes its positive trading to approach from 1.2890 level again, waiting for breaching this level to confirm the extension of the bullish wave on the short term basis, and its next target located at 1.3110. while its continuation conditioned by holding above 1.2720 level, pointing that the EMA50 and stochastic keep providing positive support for the suggested bullish wave.
Expected trading range for today is between 1.2700 support and 1.2890 resistance.
Expected trend for today: Bullish