The GBPUSD pair succeeded to achieve our waited target at 1.2025 and found solid resistance there, and according to the trading rules inside the channels, the price begins to rebound bearishly and build new bearish wave, on its way to visit 1.1870 followed by 1.1760 levels as next negative stations.
Therefore, we expect to witness more decline in the upcoming sessions unless the price rallied to breach 1.2010 and hold above it.
The expected trading range for today is between 1.1850 support and 1.2010 resistance.
The expected trend for today: Bearish
Origin: Economies
