The GBPUSD pair settles below 1.3680 level, to keep the negative pressure valid for the upcoming period, supported by the negative signal provided by stochastic now, waiting to motivate the price to resume the bearish bias that its next main target located at 1.3570.
Note that breaching 1.3680 will stop the suggested negative scenario and push the price to start bullish wave that targets 1.3750 followed by 1.3820 areas on the near term basis.
The expected trading range for today is between 1.3560 support and 1.3720 resistance.
The expected trend for today: Bearish
Origin: Economies
