The GBPUSD pair shows positive trades to test 1.2304 level, which urges caution from the upcoming trading, as the continuation of the rise and confirming breaching this level will stop the morning suggested negative scenario and push the price to rise again, while the price needs to consolidate above the mentioned level to resume the bearish bias that its first target located at 1.2093.
The expected trading range for today is between 1.2100 support and 1.2350 resistance.
The expected trend for today: Bearish