The GBPUSD price provided additional positive trades to approach the key resistance 1.2440$, and as we mentioned this morning, this level represents one of the trend keys beside 1.2300$ support line, as the price needs to break one of them to detect its next destination clearly.

 

Therefore, we will continue with our neutrality until we get clearer signal for the next trend, while the expected targets after breaching the mentioned levels are explained in our morning report.

 

The expected trading range for today is between 1.2300$ support and 1.2475$ resistance

 

Trend forecast: Neutral