The GBPUSD pair didn’t show any strong move since morning, to remain stable within the sideways track that appears on the chart, while stochastic shows negative signals that we are waiting to assist to push the price to trade negatively and head towards our next target at 1.1300.
In general, the bearish trend scenario will remain valid and active for today conditioned by the price stability below 1.1460.
The expected trading range for today is between 1.1330 support and 1.1480 resistance.
The expected trend for today: Bearish