The GBPUSD pair managed to surpass the EMA50 and hold above it, which supports the continuation of our bullish overview efficiently in the upcoming sessions, and we believe that the way is open to achieve our main waited target at 1.2962.
Thus, we will keep our bullish trend expectations, noting that holding above 1.2725 represents the first condition to continue the suggested bullish wave.
Expected trading range for today is between 1.2725 support and 1.2900 resistance.
Expected trend for today: Bullish