The GBPUSD pair resumes its positive trades to move away from the EMA50, reinforcing the expectations of continuing the expected bullish trend on the intraday and short term basis, which its first target located at 1.2795, noting that breaching this level will push the price towards 1.2963 as a next station, while holding above 1.2636 represents the most important condition to continue the expected rise.
The expected trading range for today is between 1.2630 support and 1.2780 resistance.
The expected trend for today: Bullish