The GBPUSD pair shows some slight bearish bias to test the EMA50, as the price is affected by stochastic positivity, while the negative scenario still valid for today as long as the price is below 1.2550 level, waiting to test 1.2339 level, reminding you that breaking this level will push the price towards more decline that its next targets reach to 1.1997.
Expected trading range for today is between 1.2300 support and 1.2500 resistance.
Expected trend for today: Bearish