The GBPUSD pair still stuck between the trend confirmation levels represented by 1.3100 support and 1.3226 resistance, to keep our neutrality valid until now, waiting to breach one of these levels to detect the next targets clearly.
We remind you that breaking the mentioned support will push the price to decline again and target 1.2963 level mainly, while breaching the resistance will open the way to extend the pair’s gains to reach 1.3490 on the near term basis.
Expected trading range for today is between 1.3055 support and 1.3250 resistance.
Expected trend for today: Depends on the above mentioned levels