The GBPUSD pair fluctuates within sideways and tight track since morning, settling at 1.2700 barrier, and the EMA50 keeps pressing negatively on the price, to support the continuation of moving inside the intraday bearish channel that appears on the chart.
Therefore, we will keep our bearish overview for today conditioned by holding below 1.2760, reminding you that our waited target is located at 1.2636.
Expected trading range for today is between 1.2590 support and 1.2760 resistance.
Expected trend for today: Bearish