The GBPUSD pair resumes its positive trading to touch our waited target at 1.2500, noticing that the price breaches this level now, which supports the chances of extending the bullish wave on the short term basis, reminding you that our next target reaches 1.2670.
Therefore, we will keep our bullish overview for today, taking into consideration that breaking 1.2375 will press on the price to test 1.2295 areas before any new attempt to rise.
The expected trading range for today is between 1.2350 support and 1.2650 resistance.
The expected trend for today: Bullish