The GBPUSD pair shows sideways trades since morning and settles around 1.2340, thus, no change to the bearish trend scenario that depends on the price stability below 1.2410, organized inside the bearish channel that supports the chances of heading towards our next main target at 1.2200.
The expected trading range for today is between 1.2270 support and 1.2440 resistance.
The expected trend for today: Bearish