The GBPUSD pair begins to decline again after testing 1.3100 resistance this morning, and it gets negative overlapping signal through stochastic, to provide negative motive that we are waiting to assist to push the price to continue the decline for the rest of the day, reminding you that the main expected target is located at 1.2962, while holding below 1.3100 represents key condition to achieve it.
The expected trading range for today is between 1.3000 support and 1.3160 resistance.
The expected trend for today: Bearish