The GBPUSD pair tested 1.3145 level, which formed solid resistance barrier against the price, to rebound bearishly and keep the expected negative scenario for the upcoming period, waiting to resume the negative trades to visit 1.3000 mainly.
Therefore, the bearish trend will remain active on the intraday basis, noting that the continuation of the bearish wave requires holding below 1.3145.
The expected trading range for today is between 1.3010 support and 1.3160 resistance.
The expected trend for today: Bearish
Origin: Economies
