The GBPUSD pair shows additional negative trades to move away from 1.3415 level, to support the continuation of the bearish trend scenario on the intraday and short term basis, and we believe that the way is open to achieve our next target at 1.3300, which breaking it represents the key to rally towards 1.3160 as a next main station.
Therefore, we expect to witness more decline in the upcoming sessions, noting that holding below 1.3415 is important to achieve the waited targets.
The expected trading range for today is between 1.3260 support and 1.3415 resistance.
The expected trend for today: Bearish
Origin: Economies
