The GBPUSD pair resumes its negative trading clearly to approach our main waited target at 1.2310, and the way seems open to surpass this level and open the way to achieve additional negative targets that reach 1.2265 followed by 1.2200.
Therefore, we will continue to suggest the bearish trend for today unless breaching 1.2435 and holding above it.
The expected trading range for today is between 1.2300 support and 1.2445 resistance.
The expected trend for today: Bearish