The GBPUSD pair managed to achieve our second waited target at 1.3600, and bounced downwards clearly to start today with additional decline to move below 1.3540, which puts the price under expected correctional bearish pressure in the upcoming sessions, to head towards testing 1.3435 as a next main station.
Therefore, the bearish bias will be expected for today unless the price managed to step above 1.3540 and hold above it again, taking into consideration that breaking 1.3435 will press on the price to achieve more bearish correction that its next target reaches 1.3380.
The expected trading range for today is between 1.3435 support and 1.3600 resistance.
The expected trend for today: Bearish
Origin: Economies
