The tight range dominates the GBPUSD pair’s trades since morning, and as long as the price is below 1.2590, our bearish overview will remain valid for today, supported by stochastic negativity, reminding you that we are waiting to visit 1.2490 followed by 1.2425 levels as main targets.

The expected trading range for today is between 1.2470 support and 1.2650 resistance.

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The expected trend for today: Bearish

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Indices

	Symbol	Last	Change	Chg.%
	EUR/USD	1.0217	0.0020	0.1971%
The EURUSD awaits more rise – Analysis - 09-08-2022
	GBP/USD	1.2090	-0.0027	0.2232%

	Silver	20.574	0.210	1.031%

	Oil	89.533	1.055	1.192%
Crude oil price attempts to recover – Analysis - 09-08-2022
	Brent Oil	95.91	-0.64	0.66%

	Gold	1789.630	7.955	0.447%
Gold price resumes the rise – Analysis - 09-08-2022

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