The GBPUSD pair succeeded to achieve our waited target at 1.2962 yesterday, noticing that the price broke this level and closed the daily candlestick below it, which opens the way to extend the bearish wave on the short term basis, paving the way to head towards 1.2800 as a next target.
Therefore, we suggest the continuation of the bearish bias in the upcoming sessions, noting that breaching 1.2962 and holding above it will push the price to start recovery attempts that target 1.3125 followed by 1.3226 areas mainly.
The expected trading range for today is between 1.2850 support and 1.3020 resistance.
The expected trend for today: Bearish