The GBPUSD pair fluctuates within sideways track recently as appears on the chart, and the EMA50 continues to press negatively on the price, to keep the correctional bearish trend active, waiting to visit 1.1950 mainly.
On the other hand, we should note that breaching 1.2135 will stop the expected decline and lead the price to regain the main bullish trend again and head to achieve gains that start by visiting 1.2235 areas.
The expected trading range for today is between 1.1980 support and 1.2150 resistance.
The expected trend for today: Bearish
Origin: Economies
