The GBPUSD pair trades positively now to surpass the EMA50 again, which requires being ware in the upcoming trading, where the price stability above 1.3120 will stop the suggested negative scenario and pushes the price to visit 1.3226 level initially, pointing that the expected target for the suggested bearish wave at 1.2963 level initially.
Expected trading range for today is between 1.3000 support and 1.3200 resistance.
Expected trend for today: Bearish