The GBPUSD pair bounced downwards clearly after testing 1.2590 level in the previous sessions, reinforcing the expectations of continuing the bearish trend for the rest of the day, reminding you that our waited targets begin at 1.2490 followed by 1.2425, while achieving them requires holding below 1.2590.
The expected trading range for today is between 1.2480 support and 1.2630 resistance.
The expected trend for today: Bearish