The GBPUSD pair closed the daily candlestick below 1.3000 level, to get negative factor that supports the expectations of continuing the bearish trend, paving the way to head towards 1.2920 that represents our next main target.
Holding below 1.3040 is important to continue the suggested decline, as breaching it might push the price to test 1.3145 areas before any new attempt to decline.
The expected trading range for today is between 1.2920 support and 1.3050 resistance.
The expected trend for today: Bearish
Origin: Economies
