The GBPUSD pair succeeded to break 1.2920 level and closed the daily candlestick below it, which supports the continuation of the correctional bearish scenario, paving the way to head towards 1.2736 that represents the next correctional target.
Therefore, the bearish bias will remain suggested in the upcoming sessions, noting that the continuation of the bearish wave conditions holding below 1.3040.
The expected trading range for today is between 1.2830 support and 1.3000 resistance.
The expected trend for today: Bearish
Origin: Economies
