The GBPUSD pair broke 1.3145 level strongly and rallied bearishly to confirm activating the negative scenario for the upcoming period, opening the way to head towards 1.3000 as a next main target.
Therefore, the bearish bias will be suggested on the intraday basis, supported by moving below the EMA50, noting that breaching 1.3145 will stop the current negative pressure and lead the price to achieve new bullish correction.
The expected trading range for today is between 1.3000 support and 1.3150 resistance.
The expected trend for today: Bearish
Origin: Economies
