The GBPUSD pair traded negatively yesterday to break 1.3945 level and settles below it, which push the price our of the main bullish channel and lead the price to turn to decline, targeting visiting 1.3800 areas mainly.
Therefore, we expect witnessing more decline in the upcoming sessions, taking into consideration that breaching 1.3970 will stop the suggested negative scenario and lead the price to recover again.
The expected trading range for today is between 1.3850 support and 1.4000 resistance.
The expected trend for today: Bearish
Origin: Economies
