The GBPUSD pair continued to decline to approach the key support 1.2130, noticing that the price attempts to recover now, motivated by the positive signals provided by stochastic, waiting to resume the bullish wave that targets 1.2465 as a next main station.
Therefore, we will continue to suggest the bullish trend for the upcoming period conditioned by the price stability above 1.2130.
The expected trading range for today is between 1.2130 support and 1.2300 resistance.
The expected trend for today: Bullish