The GBPUSD pair begins the breaking process to the neckline of the head and shoulders’ pattern, which supports the continuation of our bearish overview in the upcoming sessions, paving the way to head towards our main waited target at 1.2962.
Therefore, the bearish bias will remain suggested for today conditioned by the price stability below 1.3145 and the most important below 1.3226.
Expected trading range for today is between 1.3000 support and 1.3200 resistance.
Expected trend for today: Bearish