The GBPUSD pair shows some bullish bias to fluctuate around the EMA50, affected by stochastic positivity, waiting to resume the negative trades to touch our expected target at 1.3800, reminding you that breaking this level will extend the bearish wave to 1.3700.
On the other hand, we should note that breaching 1.3905 and holding above it will stop the suggested negative scenario and push the price to achieve gains that start by testing 1.3985 areas.
The expected trading range for today is between 1.3750 support and 1.3900 resistance.
The expected trend for today: Bearish