The GBPUSD pair succeeded to break 1.3083 level and hold with a daily candlestick below it, to confirm the activation of the double top pattern mentioned yesterday, opening the way to achieve our negative targets that start at 1.2962 followed by 1.2900.
Therefore, the bearish bias will remain suggested in the upcoming sessions supported by the negative pressure formed by the EMA50, unless breaching 1.3100 level and settling above it.
Expected trading range for today is between 1.2900 support and 1.3100 resistance.
Expected trend for today: Bearish