The GBPUSD pair resumes its negative trading to start moving away from 1.2304 level, which supports the continuation of the expected bearish trend scenario for today, which gets support by the EMA50, waiting to head towards 1.2093 as a next main station, reminding you that the continuation of the expected decline requires holding below 1.2304.
The expected trading range for today is between 1.2200 support and 1.2390 resistance.
The expected trend for today: Bearish