The GBPUSD pair confirmed breaching 1.2400 level and approached from our waited target at 1.2520, noticing that the price moves within a bullish channel that appears in the image, which supports the chances for breaching the mentioned level and extend the bullish wave towards 1.2665 as a next main station.
Therefore, we will keep preferring the bullish trend in the upcoming sessions unless breaking 1.2370 level and holding below it.
The expected trading range for today is between 1.2400 support and 1.2580 resistance.
The expected trend for today: Bullish