The GBPUSD pair provided negative trading yesterday and it returns to fluctuate near 1.2636 level, where it keeps its stability below it, and stochastic begins attempts to surpass the positive momentum, waiting for motivating the price to resume the bearish trend that targets 1.2550 then 1.2400 levels as next main stations.
Therefore, the bearish trend will remain expected in the upcoming sessions, reminding you that holding below 1.2636 represents an initial condition for the continuation of the suggested bearish wave.
The expected trading range for today is between 1.2530 support and 1.2680 resistance.
The expected trend for today: Bearish
Origin: Economies
