The GBPUSD pair provided temporary negative trades yesterday to test the EMA50 that forms good support against the price, and begins to rise now, motivated by stochastic positivity, waiting to breach 1.2070 level to confirm rallying towards 1.2160 that represents our next target.
Therefore, the bullish trend scenario will remain active unless breaking 1.1980 and holding below it.
The expected trading range for today is between 1.1980 support and 1.2150 resistance.
The expected trend for today: Bullish