The GBPUSD pair rallied downwards strongly to suffer more losses and approaches 1.2800 barrier, which pushes the price for more expected decline for the rest of the day, which its targets extend to reach 1.2700 as a next station, noting that holding below 1.2962 will keep the bearish trend valid.
Expected trading range for today is between 1.2800 support and 1.3000 resistance.
Expected trend for today: Bearish