The GBPUSD pair bounced bearishly after the frequent test to 1.3355 level, which keeps our bearish overview valid for the upcoming period, supported by the negative pressure formed by the EMA50, which supports the continuation of trading inside the bearish channel that appears on the chart, waiting to visit 1.3160 as a next target.
On the other hand, we should note that breaching 1.3355 might push the price to test 1.3340 level initially before any new attempt to decline.
The expected trading range for today is between 1.3240 support and 1.3390 resistance.
The expected trend for today: Bearish
Origin: Economies
