The GBPUSD pair provided positive trades to test the EMA50, accompanied by stochastic moves at the overbought areas again, waiting to motivate the price to resume the bearish trend that its next main target located at 1.2920, taking into consideration that the continuation of the bearish wave conditions holding below 1.3150.
The expected trading range for today is between 1.2950 support and 1.3120 resistance.
The expected trend for today: Bearish
Origin: Economies
