The GBPUSD pair shows negative trading to approach gradually from our waited target at 1.2800, and we believe that the way is open for achieving more of the downside moves in the upcoming sessions, where our next target is located at 1.2636.
Therefore, the bearish bias will remain the dominant for today, conditioned by holding below 1.2962.
The expected trading range for today is between 1.2760 support and 1.2900 resistance.
The expected trend for today: Bearish