The GBPUSD pair succeeded to achieve our waited target at 1.1186 and broke it to close the daily candlestick below it, reinforcing the chances of continuing the bearish trend domination on the intraday basis, paving the way to head towards 1.1015 areas as a next main station.
Therefore, the bearish trend will remain valid and active for the upcoming period, noting that breaching 1.1186 will push the price to achieve intraday gains before any new attempt to decline.
The expected trading range for today is between 1.1090 support and 1.1250 resistance.
The expected trend for today: Bearish
Origin: Economies
