The GBPUSD pair shows some slight bearish bias after facing the EMA50, affected by the negative signal that appears clearly through stochastic, to head towards potential test to 1.3096 level that represents the sideways range support that dominates the intraday trades.
In general, we will continue to suggest the sideways trading until the price manages to surpass one of its lines, represented by the mentioned support and 1.3295 resistance, noting that the details of the expected targets after the breach are explained in our morning report.
Expected trading range for today is between 1.3070 support and 1.3295 resistance.
Expected trend for today: Sideways