The GBPUSD pair resumes its negative trading after approaching the key resistance 1.2880 this morning, affected by stochastic positivity, to keep the bearish trend scenario for today, supported by the negative pressure formed by the EMA50, noting that we are waiting to head towards 1.2705 as a next main target.
The expected trading range for today is between 1.2705 support and 1.2880 resistance.
The expected trend for today: Bearish