The GBPUSD pair shows sideways trading since morning and hovers around the EMA50, noticing that stochastic loses its positive momentum clearly, waiting to motivate the price to resume the expected bearish trend for today, which targets 1.3800 as a next station, while achieving it requires holding below 1.4025.
The expected trading range for today is between 1.3830 support and 1.4000 resistance.
The expected trend for today: Bearish