The GBPUSD pair traded with clear negativity on yesterday’s evening to break 1.3126 level and settles below it, which opens the way to continue the bearish bias in the upcoming sessions, expecting to test 1.2962 areas before turning back to rise again.
Therefore, the bearish bias will be suggested for today, noting that breaching 1.3126 will reactivate the bullish trend scenario that its targets begin at 1.3226 and extend to 1.3363 after breaching the previous level.
Expected trading range for today is between 1.2980 support and 1.3170 resistance.
Expected trend for today: Bearish temporarily