The GBPUSD pair hovers around 1.2730 resistance level without managing to confirm breaching it, to remain stuck between the key levels represented by the mentioned resistance and 1.2636 support, waiting to breach one of them to detect the next targets clearly.
We remind you that breaching the resistance will push the price to achieve gains that reach 1.2962 initially, while breaking the support will press the price to continue the medium term bearish trend that its next target located at 1.2500.
Expected trading range for today is between 1.2620 support and 1.2820 resistance.
Expected trend for today: Neutral