The GBPUSD pair keeps fluctuating around the key resistance 1.3145, keeping its stability below it until now, and the EMA50 meets this resistance to add more strength to it, to keep the bearish trend scenario active, waiting to head towards 1.3000 as a next main station.
Holding below 1.3145 is important to continue the expected decline, as breaching it will lead the price to achieve new bullish correction that its next target reaches 1.3235.
The expected trading range for today is between 1.3040 support and 1.3180 resistance.
The expected trend for today: Bearish
Origin: Economies
