The GBPUSD pair managed to break the bearish flag support line mentioned in our last report and settles below it, to get negative motive that supports the continuation of the bearish trend, paving the way to head towards our next target at 1.3000.
Therefore, we will continue to suggest the bearish trend for the upcoming period supported by the negative signal provided by stochastic, reminding you that it is important to hold below 1.3172 to continue the expected decline.
The expected trading range for today is between 1.3020 support and 1.3180 resistance.
The expected trend for today: Bearish
