The GBPUSD pair traded with strong positivity yesterday to breach 1.2636 level and settles above it, which stops the recently suggested negative scenario and push the price to start bullish wave on the intraday and short term basis, targeting 1.2760 level initially, noting that breaching this level will push the price towards 1.2962 on the near term basis.
Therefore, the bullish bias will be expected for today unless breaking 1.2636 level and holding below it again.
The expected trading range for today is between 1.2600 support and 1.2780 resistance.
The expected trend for today: Bullish