The GBPUSD pair hovers around the EMA50, as it is affected by stochastic positivity, but it keeps its stability below 1.2880 resistance, to keep the bearish trend scenario active for today, reminding you that our main waited target is located at 1.2636.
Expected trading range for today is between 1.2700 support and 1.2880 resistance.
Expected trend for today: Bearish