The GBPUSD pair trades with clear negativity to attack 1.2476 level and breaks it, which puts the price under potential turn for the trend to decline, and we need to monitor the daily candlestick close according to the mentioned level, as holding below it will press on the price to achieve more decline and head towards 1.2300 areas on the near term basis, while moving above it again will reactivate the bullish trend scenario that its next target located at 1.2655.
The expected trading range for today is between 1.2400 support and 1.2600 resistance.
The expected trend for today: Neutral