The GBPUSD pair confirmed breaking the bullish channel’s support line after closing the daily candlestick below it, which opens the way to start bearish correction for the rise measured from 1.1447 to 1.3482, and the way is open to head towards the first correctional level at 1.3000.
Therefore, the bearish bias will be suggested for today unless the price managed to breach 1.3195 followed by 1.3245 levels and hold above them.
The expected trading range for today is between 1.3050 support and 1.3200 resistance.
The expected trend for today: Bearish
Origin: Economies
