The GBPUSD pair trades negatively since morning to approach 1.2800 barrier, reinforcing the expectations of continuing the overall bearish trend, which its next main target located at 1.2636, supported by the EMA50 that presses negatively on the price, reminding you that holding below 1.2962 represents the most important condition to continue the expected decline.
Expected trading range for today is between 1.2770 support and 1.2962 resistance.
Expected trend for today: Overall Bearish