The GBP/USD currency pair recently tested a crucial support level at $1.3124, maintaining stability above it. This price action supports a bullish trend for today, with anticipated targets of $1.3220 and subsequently $1.3265.
Conversely, a drop below the $1.3124 level and a sustained stay beneath this threshold would negate the bullish outlook and subject the pair to corrective bearish pressure.
The projected trading range for today is between $1.3060 on the support side and $1.3230 on the resistance side.
Trend Forecast: Bullish
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