The GBPUSD pair falls under more negative pressure to reach the thresholds of the key support 1.2962, while stochastic shows clear oversold signals, to keep the chances valid to resume the main bullish trend, which conditions holding above the mentioned level, as breaking it will cause more losses and push the price towards 1.2800 as a next station.
We remind you that our next positive target is located at 1.3226.
Expected trading range for today is between 1.2980 support and 1.3150 resistance.
Expected trend for today: Bullish