The GBPUSD pair provided additional negative trades yesterday, to attack 1.2870 level and attempts to hold below it, to hint heading to achieve more bearish correction on the intraday basis, targeting visiting 1.2805 as a next negative target.
Therefore, we expect to witness more bearish bias in the upcoming sessions, noting that breaching 1.2935 will stop the current negative pressure and lead the price to return to resume the main bullish trend again.
The expected trading range for today is between 1.2800 support and 1.2960 resistance.
The expected trend for today: Bearish
Origin: Economies
