The GBPUSD pair provides slight positive trading since morning and approached from testing the key resistance 1.2890, and as long as the price is below this level, our bearish overview will remain active for the upcoming period, waiting to test 1.2720 level mainly.
We remind you that breaking the mentioned level will push the price towards 1.2550, while breaching 1.2890 will lead the price to achieve positive targets that start by testing 1.3100.
Expected trading range for today is between 1.2720 support and 1.2900 resistance.
Expected trend for today: Bearish