The GBPUSD pair tests the EMA50 that continues to form solid resistance against the price’s positive attempts, waiting to breach this barrier to reinforce the expectations of continuing the expected bullish trend on the intraday and short term basis, which targets 1.3226 level mainly, while holding above 1.2962 represents key condition to continue the suggested rise.
The expected trading range for today is between 1.2960 support and 1.3100 resistance.
The expected trend for today: Bullish