The GBPUSD pair continues to decline calmly on its way towards our waited negative target that reaches 1.2736, to keep our bearish overview without any change for the upcoming period, which depends on the price stability below 1.2920 – 1.2930 levels as a first condition, noting that the EMA50 continues to support the suggested bearish wave.
The expected trading range for today is between 1.2790 support and 1.2930 resistance.
The expected trend for today: Bearish