The GBPUSD pair keeps its stability below 1.5245 level, which represents the first protection factor for our bearish trend expectations, supported by the negative signal that comes from stochastic now, waiting for resuming the bearish wave that its targets begin by testing 1.5085 level.
You should take into consideration that breaching 1.5245 then 1.5285 levels will stop the current bearish wave and leads the price to achieve gains, which begin mainly at 1.5408 and extend to 1.5605.
Expected trading range for today is between 1.5050 support and 1.5300 resistance.
Expected trend for today: Bearish