The GBPUSD pair shows weak trades since morning, noticing that stochastic gains the positive momentum clearly, waiting to motivate the price to resume the expected bullish trend for today, which its next target located at 1.2440.
Therefore, the bullish trend scenario will remain active, supported by the EMA50 that carries the price from below, reminding you that the continuation of the bullish wave requires holding above 1.2200.
The expected trading range for today is between 1.2190 support and 1.2360 resistance.
The expected trend for today: Bullish