The GBPUSD pair shows bullish bias to retest the broken neckline of the double top pattern, accompanied by witnessing clear overbought signals by stochastic, which forms negative motive that we are waiting to assist to push the price to resume the negative trades, which targets 1.3760 mainly.
Therefore, our bearish overview will remain valid and active for the upcoming period conditioned by the price stability below 1.3875.
The expected trading range for today is between 1.3770 support and 1.3920 resistance.
The expected trend for today: Bearish
Origin: Economies
