Technical Analysis of the GBP/USD Pair
The GBP/USD pair declined on Thursday in a corrective bearish move within the expected bullish trend on the 1-hour timeframe. Prices then began to bounce upward from the FVG zone around the 1.3073 level, which we highlighted in the previous report. The bullish trend is expected to continue today. We also note that prices are still trading above the weekly equilibrium level, which supports the bullish scenario. In addition, the market structure remains bullish on the 1-hour timeframe.

Key Economic News
Both the U.S. Dollar and the British Pound are awaiting the Services and Manufacturing PMI data today, which are expected to have a notable impact on USD movement.

Liquidity Levels
Prices are expected to rise and target 1.3131, then 1.3192, and finally 1.3216.
The bullish scenario is invalidated if a 1-hour candle closes below 1.3083.