General trend: The GBP-USD pair is trading in a bullish general trend over the medium and short term, through the bullish price channel, to hit the 1.3050 levels, which the pair failed to break, to enter a corrective wave, and to repeat Test the 1.2980 levels, which represent good buying areas, targeting 1.3080 then 1.3140 levels.

As for the alternative scenario: In the case of the continuation of the current correction, and the support of the 1.2950 broken, we will witness a negative change in the general trend, with more decreases down to 1.2900 then the 1.2840, although the downside scenario is the least likely At the moment.

Expected trend: bullish

Expected traffic range: 1.2980 to 1.3140