The GBPUSD pair rallied upwards strongly yesterday to retest 1.2636 level again, as it keeps the stability of the daily close below it, which keeps the bearish trend valid until now, and the price needs to get a negative motive to push trades to decline again.
In general, we will continue to suggest the bearish trend conditioned by the price stability below 1.2636, noting that our waited targets begin at 1.2500 and extend to 1.2350.
Expected trading range for today is between 1.2500 support and 1.2660 resistance.
Expected trend for today: Bearish