The GBPUSD pair settles above 1.3610 level, to hint the attempt to regain the main bullish trend, but we notice that the EMA50 forms negative pressure against the price, while stochastic shows clear negative signals.
Therefore, these factors encourage us to suggest the bearish bias for today, and the price needs to break 1.3610 to confirm opening the way to head towards 1.3530 as a next target, noting that failing to achieve the required break will lead the price to achieve additional gains that reach 1.3700 followed by 1.3750.
The expected trading range for today is between 1.3530 support and 1.3675 resistance.
The expected trend for today: Bearish
Origin: Economies
