The GBPUSD pair keeps its stability below 1.2962 level, to keep the negative pressure valid for the upcoming period, and the price needs to surpass the EMA50 that forms support base now at 1.2890 to ease the mission of heading towards our next waited target at 1.2800.
Therefore, we will continue to suggest the bearish trend for the upcoming sessions unless breaching 1.2962 level and holding above it.
The expected trading range for today is between 1.2840 support and 1.3000 resistance.
The expected trend for today: Bearish