The GBPUSD pair shows more bullish bias to crawl gradually towards our main waited target at 1.2777, and keeps moving inside the bullish channel that supports the chances of breaching the mentioned level to achieve more extended targets on the short term basis.
Therefore, we will continue to suggest the bullish trend for the upcoming period supported by the EMA50, conditioned by the price stability above 1.2515.
The expected trading range for today is between 1.2620 support and 1.2800 resistance.
The expected trend for today: Bullish