The GBPAUD pair still consolidated below the major resistance 1.7890. to confirm its surrender to the domination of the bearish bias.
The recent bullish rebound hints the need to additional negative momentum to keep waiting to get the negative momentum and manage to renew the negative attack in order to reach 1.7630 followed by pressing on the initial support 1.7470.
The expected trading range for today is between 1.7830 and 1.7630
The expected trend for today: Bearish