The GBPUSD pair continues to fluctuate around the intraday bullish trend line and around the EMA50, witnessing some slight bearish bias that might push the price to test the key support 1.2890 before turning back to rise again.
In general, the bullish trend scenario will remain active for today conditioned by the price stability above the mentioned support, reminding you that our first main target is located at 1.3100, which breaching it represents the key to extend the bullish wave towards 1.3443.
Expected trading range for today is between 1.2890 support and 1.3080 resistance.
Expected trend for today: Bullish