The GBPUSD pair shows bearish bias after testing 1.3200- 1.3225 levels this morning, while stochastic provides negative overlapping signal on the four hours time frame, which supports the chances for the bearish trend expectations continuation for today, and its main targets begin at 1.2935.
The EMA50 supports the suggested decline, and its continuation conditioned by holding below 1.3200 and 1.3200 levels.
Expected trading range for today is between 1.300 support and 1.3350 resistance.
Expected trend for today: Bearish