The GBPUSD pair continues to fluctuate within sideways track since yesterday, noticing that stochastic gets rid of its negativity and gains the positive momentum on the four hours’ time frame, which supports the chances of resuming the bullish trend in the upcoming sessions, waiting to visit 1.3226 as a next main station.
We should note that breaking 1.3065 will push the price to test the key support 1.2963 before any new attempt to rise.
Expected trading range for today is between 1.3065 support and 1.3250 resistance.
Expected trend for today: Bullish