The GBPUSD pair trades negatively to move away from 1.2636 level, which supports the continuation of our bearish overview efficiently in the upcoming sessions, as our first target is located at 1.2500, which breaking it represents the key to rally towards 1.2350 as a next station, while holding below 1.2636 represents key condition to achieve the suggested targets.
Expected trading range for today is between 1.2520 support and 1.2700 resistance.
Expected trend for today: Bearish