The GBPUSD pair hovers around the EMA50 since morning, waiting to get positive momentum that assist to push the price to resume the bullish wave that targets 1.2320 followed by 1.2490 levels, reminding you that it is important to hold above 1.2205 to achieve these targets.
The expected trading range for today is between 1.2200 support and 1.2370 resistance.
The expected trend for today: Bullish