The GBPUSD pair continued to rally bullishly to touch our first waited target at 1.2920 and settles near it, and it might witness more rise to test 1.2962 level before any new attempt to decline, as stochastic shows overbought signals now.
Therefore, we will continue to suggest the bullish trend for today unless breaking 1.2850 level and holding below it.
Expected trading range for today is between 1.2775 support and 1.2962 resistance.
Expected trend for today: Bullish temporarily