The GBPUSD pair continues to rise to keep crawling towards our waited target at 1.3226, getting positive support by the EMA50, to continue suggesting the bullish trend for today, noting that breaching the mentioned level will extend the pair’s gains to reach 1.3300 followed by 1.3490 levels on the short term basis.
On the other hand, the continuation of the bullish wave conditions the price stability above 1.2962.
Expected trading range for today is between 1.3060 support and 1.3240 resistance.
Expected trend for today: Bullish