The GBPUSD pair rebounds bullishly after finding solid support base at 1.3190, affected by stochastic positivity, and it might test the bearish channel’s resistance at 1.3295 before turning back to decline again.
Until now, the bearish trend still suggested for the upcoming period as long as the mentioned resistance remains intact, reminding you that our targets begin at 1.3160 and extend to 1.3000 pm the near term basis.
The expected trading range for today is between 1.3090 support and 1.3250 resistance.
The expected trend for today: Bearish