The GBPUSD pair tests the critical resistance at 1.2476, as we mentioned this morning, holding below this level is required for the continuation of the expected negative scenario for today, being aware that breaching it might lead the price to achieve an intraday gain that reach to 1.2580, while the main bearish trend valid for today, waiting for visiting 1.2260 level that represents our next main target.
The expected trading range for today is between 1.2360 support and 1.2520 resistance.
The expected trend for today: Bearish