The GBPUSD pair returns to decline after the slight rise that it witnessed this morning, while stochastic keeps approaching the overbought areas, to support the chances of resuming the main bearish trend, which its next main target located at 1.2636, while achieving it conditions holding below 1.2780.
Expected trading range for today is between 1.2620 support and 1.2800 resistance.
Expected trend for today: Bearish