The GBPUSD provides calm negative trading in attempt to resume the bearish trend, and the way is open for achieving our waited next target at 1.1940, where the bearish trend scenario remains valid and active in the upcoming period supported by the negative pressure that comes from the EMA0, reminding you that holding below 1.2115 is important for the continuation pf the expected decline.
The expected trading range for today is between 1.1950 support and 1.2120 resistance.
The expected trend for today: Bearish