The GBPUSD pair shows new negative trading to break the intraday bullish channel’s support line, hinting the price head for a potential test to the most important support 1.2636 before turning back to rise again.
In general, we will continue to suggest the bullish trend conditioned by the price stability above the mentioned support, reminding you that our first main target is located at 1.2795.
The expected trading range for today is between 1.2610 support and 1.2780 resistance.
The expected trend for today: Bullish