The GBPUSD pair shows slight bullish bias in attempt to head towards our first waited positive target at 1.2515, to keep the bullish trend valid and active for today, supported by the EMA50 that keeps carrying the price from below, noting that breaching the mentioned level will extend the bullish wave to reach 1.2777, while holding above 1.2304 represents key condition to achieve the suggested targets.
The expected trading range for today is between 1.2300 support and 1.2500 resistance.
The expected trend for today: Bullish