The GBPUSD price shows some bearish bias now, while the EMA50 provides the positive support to the price, to keep our bullish overview unless breaking 1.2745$ followed by 1.2695$ levels and holding below them, reminding you that our next main target is located at 1.2880.

The expected trading range for today is between 1.2730$ support and 1.2880$ resistance.

Trend forecast: Bullish