The GBPUSD pair traded with clear positivity yesterday to test 1.3100 barrier, accompanied by stochastic entering the overbought areas, which supports the chances of bouncing bearishly to resume the correctional bearish trend.
Therefore, we will continue to suggest the bearish trend for the upcoming period unless breaching 1.3150 level and holding with a daily close above it, noting that our main expected target is located at 1.2920.
The expected trading range for today is between 1.3000 support and 1.3150 resistance.
The expected trend for today: Bearish
Origin: Economies
