The GBPUSD pair returns to press on 1.2800 level in attempt to break it, noticing that stochastic provides negative overlapping signal now, waiting to motivate the price to break the mentioned level to reinforce the chances of targeting 1.2636 level that represents our next main station.
Therefore, we will continue to suggest the bearish trend in the upcoming sessions unless breaching 1.2962 level and holding above it.
Expected trading range for today is between 1.2700 support and 1.2900 resistance.
Expected trend for today: Bearish