The GBPUSD pair shows bearish bias to approach testing the key support 1.2304, and as long as the price is above this level, our bullish overview will remain valid for today, supported by stochastic positivity, waiting to visit 1.2515 as a next main station, noting that breaking 1.2304 will put the price under negative pressure that targets heading towards 1.2093 areas on the near term basis.
The expected trading range for today is between 1.2300 support and 1.2480 resistance.
The expected trend for today: Bullish