The GBPUSD price provided positive trades yesterday to approach the key resistance 1.2735$, and returns to decline to press on the bearish channel’s support line, waiting to surpass this support to achieve our next main target at 1.2566$.
Therefore, our bearish overview will remain valid and active, taking into consideration that breaching 1.2735$ will push the price to achieve additional gains that reach 1.2865$.
The expected trading range for today is between 1.2600$ support and 1.2750$ resistance
Trend forecast: Bearish
