The GBPUSD pair continues to fluctuate near the intraday bullish trend line keeping its stability above it, while the EMA50 keeps supporting the price from below, to keep the bullish trend valid for the upcoming period, supported by stochastic reach to the oversold areas' thresholds, waiting to visit 1.3100 level initially.
Holding above 1.2890 is important to continue the expected rise for today, while breaching 1.3100 represents the key to extend the bullish wave to reach 1.3443 on the near term basis.
Expected trading range for today is between 1.2900 support and 1.3100 resistance.
Expected trend for today: Bullish