The GBPUSD pair traded with strong negativity after breaking 1.3310 level, to activate the bearish trend scenario on the intraday and short term basis, approaching the previously recorded low at 1.3176, and we expect the continuation of the bearish bias to break this level and open the way to head towards 1.3080, as the price is affected by the double top pattern that its signs appear on the chart.
Therefore, the bearish trend will be expected for the upcoming sessions unless the price rallied to breach 1.3310 and hold above it.
The expected trading range for today is between 1.3090 support and 1.3270 resistance.
The expected trend for today: Bearish
