The GBPUSD pair settles around 1.2800 barrier, and the price keeps its stability above the key support 1.2725, which keeps the bullish trend scenario valid for the upcoming period, supported by stochastic positivity, reminding you that our main target is located at 1.2963.
Note that breaking 1.2725 will push the price to test the most important support to the short term and medium term trades at 1.2636.
Expected trading range for today is between 1.2700 support and 1.2900 resistance.
Expected trend for today: Bullish