As pogo is for jumps, prancing is the beginning progression for bounding.
Stand with a slight knee bend and the hips tilted forward. Hop forward, pushing with two feet, with one knee going forward.
Land on both feet, with one foot slightly in front of other. For both feet to land simultaneously, keep a toes-up position. Repeat the takeoff with the opposite knee going forward. The upper body action is the same as in running.