The GBPUSD pair succeeded to achieve our main waited target at 1.2962 and settles there now, as it begins today with bearish bias that hints that the chances are valid to surpass the mentioned level and extend the bearish wave on the short term basis, paving the way to visit 1.2900 followed by 1.2775 levels as next main stations.
Therefore, the bearish trend will remain suggested for the upcoming period, taking into consideration that breaching 1.3050 might push the price to test 1.3226 areas before any new attempt to decline.
The expected trading range for today is between 1.2880 support and 1.3050 resistance.
The expected trend for today: Bearish
Origin: Economies
