The GBPUSD pair is testing the key resistance 1.2380, which urges caution from the upcoming trading, as the price needs to hold below this level to keep the bearish trend valid for today, as breaching it will push the price to break 1.2345 to confirm heading towards 1.2240 as a next main target for the suggested bearish wave.
The expected trading range for today is between 1.2270 support and 1.2430 resistance.
The expected trend for today: Bearish