The GBPUSD pair keeps its stability below 1.2420, to keep the bearish trend scenario active for today, waiting to get negative momentum that assist to push the price to resume the bearish bias that targets 1.2300 initially, assuring the importance of holding below 1.2420 to continue the expected decline.
The expected trading range for today is between 1.2285 support and 1.2440 resistance.
The expected trend for today: Bearish