Trading is between the support 1.2520 and the resistance 1.2656

GBPUSD

The GBPUSD is trading with remarkable positivity,

approaching our expected target at 1.2655, reinforcing expectations for the continuation of the bullish trend in the upcoming sessions, reminding you that breaching the mentioned level will push the price to head towards 1.2810 areas in the near term.



Therefore, the bullish trend scenario will remain valid and effective unless breaking 1.2523 and holding below it.


pivot price: 1.2600
resistance prices: 1.2655 & 1.2720 & 1.2810
support price: 1.2525 & 1.2455 & 1.2400

The expected trading range for today is between the support 1.2520 and the resistance 1.2656



The expected general tendency for today: Bullish