Midday update for the GBPUSD 12-02-2024

2024-02-12 10:26AM UTC

The GBPUSD pair is testing 1.2645 level and finds solid resistance there, waiting to gather positive momentum that assist to push the price to surpass this level and open the way to achieve additional gains that reach 1.2765.


In general, we will continue to suggest the bullish trend for the upcoming period unless breaking 1.2610 and holding with a daily close below it.


The expected trading range for today is between 1.2570 support and 1.2720 resistance.


The expected trend for today: Bullish

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