The GBPUSD pair settled above 1.2840 level after the strong rise that it witnessed yesterday, which stops the recently suggested negative scenario and leads the price to rise again, on its way to achieve gains that reach 1.3045.
Therefore, the bullish bias will be suggested for today, taking into consideration that breaking 1.2800 will reactivate the negative effect of the double top pattern and press on the price to decline towards 1.2670 initially.
The expected trading range for today is between 1.2770 support and 1.2950 resistance.
The expected trend for today: Bullish