The GBPUSD pair reaches the thresholds of the first waited target at 1.5245, and the EMA50 keeps pushing negatively on the intraday and short term trading, which makes us suggest extending the bearish wave towards 1.5085 in the upcoming period.
Stochastic current positivity might cause some temporary sideways fluctuation before resuming the bearish bias, which its continuation requires holding below 1.5405.
Expected trading range for today is between 1.5200 support and 1.5405 resistance.
Expected trend for today: Bearish