The GBPUSD pair provided more bearish bias yesterday, showing slight positive trades now affected by stochastic positivity that loses its positive momentum gradually, waiting to resume the bearish trend that targets testing 1.2920 level as a next correctional station.
In general, we will continue to suggest the domination of the bearish trend in the upcoming period unless the price rallied to breach 1.3150 level and hold above it.
The expected trading range for today is between 1.2940 support and 1.3090 resistance.
The expected trend for today: Bearish
Origin: Economies
