The GBPUSD pair fluctuates around the key support 1.5245, noticing the negative attempts to break this level now, which reinforces the expectations to continue the bearish trend on the short term basis, to target the next correctional level at 1.5085.
Therefore, the bearish trend will remain valid for the upcoming period supported by the EMA50, reminding you with the condition of holding below 1.5405 level to guarantee the continuation of the suggested bearish bias.
Expected trading range for today is between 1.5100 support and 1.5300 resistance.
Expected trend for today: Bearish