The GBPUSD pair provided negative trades in attempt to resume the expected bearish trend for today, motivated by the negative overlapping signal provided by stochastic now, waiting for more decline to visit 1.2345 as a first station.
In general, the bearish trend scenario will remain valid and active for today unless the price rallied to breach 1.2445 followed by 1.2470 and hold above them.
The expected trading range for today is between 1.2340 support and 1.2500 resistance.
The expected trend for today: Bearish