The GBPUSD pair succeeded to achieve our first negative target at 1.1870 and presses negatively on it, to reinforce the expectations of continuing the bearish wave, reminding you that our next station reaches 1.1800.
The EMA50 continues to support the expected decline, noting that surpassing 1.1890 might push the price to test 1.1980 areas again before any new attempt to decline.
The expected trading range for today is between 1.1780 support and 1.1950 resistance.
The expected trend for today: Bearish
Origin: Economies
