The GBPUSD pair tested 1.3040 level and bounced bearishly to press on 1.3000 again, to keep the bearish trend scenario valid for today, supported by the EMA50, reminding you that our next target reaches 1.2920, while achieving it requires holding below 1.3040.
The expected trading range for today is between 1.2920 support and 1.3050 resistance.
The expected trend for today: Bearish