The GBPUSD pair breached the bearish channel’s resistance clearly and tests the key resistance 1.3250 level now, and as we mentioned this morning, the price needs to hold below this level to keep the bearish trend active for today, as breaching it will lead the price to continue the rise and visit 1.3315 before any new attempt to decline, while breaking 1.3210 represents the key to resume the bearish track that its next main target located at 1.3000.
The expected trading range for today is between 1.3120 support and 1.3290 resistance.
The expected trend for today: Bearish