The GBPUSD pair resumes its negative trading to approach 1.2800 barrier, to keep the bearish trend scenario valid for today, reminding you that our main targets begin at 1.2775 and extend to 1.2636 after breaking the previous level, noting that the EMA50 supports the expected decline, which its continuation conditions holding below 1.2963.
Expected trading range for today is between 1.2750 support and 1.2930 resistance.
Expected trend for today: Bearish