The GBPUSD pair bounced downwards strongly after testing 1.3145 in the previous sessions, to support the continuation of the expected bearish trend for the upcoming period, and the way is open to head towards our waited target at 1.3000.
The EMA50 forms negative pressure that supports the expectations to decline, reminding you that it is important to hold below 1.3145 to achieve the waited targets.
The expected trading range for today is between 1.2990 support and 1.3145 resistance.
The expected trend for today: Bearish
Origin: Economies
