The GBPUSD pair continues to fluctuate around 1.2900 level since morning, while stochastic keeps losing the positive momentum, to keep the bearish trend scenario active for the upcoming sessions, supported by the EMA50, waiting to visit 1.2800 level mainly, while holding below 1.2962 represents key condition to continue the expected decline.
The expected trading range for today is between 1.2800 support and 1.2960 resistance.
The expected trend for today: Bearish