The GBPUSD pair managed to break 1.2636 level and attempts to hold below it, which supports the continuation of our bearish overview efficiently in the upcoming sessions, paving the way to achieve our next negative targets at 1.2550 followed by 1.2400 levels, to keep the bearish bias dominant for the rest of the day conditioned by the price stability below 1.2636 and the most important below 1.2750.
The expected trading range for today is between 1.2550 support and 1.2750 resistance.
The expected trend for today: Bearish
Origin: Economies
