The GBPUSD pair broke 1.3075 level clearly and settled below it, to start bearish correction on the intraday basis, on its way to achieve negative targets that start by testing 1.2935 areas.
Therefore, the bearish bias will be expected for today, and breaking 1.3015 will confirm rallying towards the above-mentioned target, noting that breaching 1.3070 will stop the suggested decline and lead the price to attempt to resume the main bullish trend again.
The expected trading range for today is between 1.2930 support and 1.3090 resistance.
The expected trend for today: Bearish
Origin: Economies
