The GBPUSD pair traded with strong negativity yesterday after consolidating below 1.3172, to surpass our first target at 1.3100 and opens the way to extend the bearish wave towards our next station that reaches 1.3000.
Therefore, we are waiting for more expected decline in the upcoming sessions, organized inside the bearish channel that appears on the chart, reminding you that it is important to hold below 1.3172 to continue the suggested bearish trend.
The expected trading range for today is between 1.2980 support and 1.3150 resistance.
The expected trend for today: Bearish
Origin: Economies