The GBPUSD pair shows sideways trading since morning, settling around the intraday bullish channel’s resistance, and as long as the price is above 1.2963, our bullish overview will remain active, supported by the EMA50 that keeps carrying the price from below, reminding you that our main waited target is located at 1.3226.
Expected trading range for today is between 1.3070 support and 1.3250 resistance.
Expected trend for today: Bullish