The GBPUSD pair approached 1.2440 level and shows some slight bearish bias now, affected by stochastic negativity, and as long as the price is above 1.2320, our bullish overview will remain active for today, supported by the EMA50 that carries the price from below, remining you that our next target extends to 1.2595.
The expected trading range for today is between 1.2320 support and 1.2500 resistance.
The expected trend for today: Bullish