The GBPUSD pair trades with clear positivity to test 1.2590 level, affected by stochastic positivity, and as we mentioned this morning, the price needs to hold below this level to keep the bearish trend active for today, as breaching it will lead the price to resume the correctional bullish trend, while consolidating below it is required to decline again and head towards 1.2425 as a next main target.
The expected trading range for today is between 1.2400 support and 1.2550 resistance.
The expected trend for today: Bearish