The GBPUSD pair traded with strong negativity yesterday to break 1.2962 level and close the daily candlestick below it, which turns the intraday and short term track to decline, on its way towards achieving negative trades that target 1.2800 areas mainly.
Therefore, the bearish bias will be suggested in the upcoming sessions unless the price managed to breach 1.2962 level and hold above it again.
The expected trading range for today is between 1.2850 support and 1.3040 resistance.
The expected trend for today: Bearish
Origin: Economies
