The GBPUSD pair showed new attempt to break 1.2500 level but it couldn’t manage to hold below it until now, to show some bullish bias now, but as long as the price is below 1.2636, our bearish overview will remain valid for today, reminding you that breaking 1.2500 will open the way to target 1.2350 level as a next main station.
Expected trading range for today is between 1.2400 support and 1.2600 resistance.
Expected trend for today: Bearish