The GBPUSD pair shows calm negative trades to move away gradually from 1.3875 level, which supports the continuation of the expected bearish trend for the upcoming period, affected by the previously completed double top pattern, reminding you that our first target is located at 1.3760.
Holding below 1.3875 is important to continue the expected decline, as breaching it will stop the negative effect of the mentioned negative pattern and lead the price to turn to rise.
The expected trading range for today is between 1.3760 support and 1.3900 resistance.
The expected trend for today: Bearish
Origin: Economies
