The GBPUSD pair provided slight positive trades but it returns to decline now, waiting for more bearish bias to test 1.2077 initially, reminding you that breaking it will lead the price to head towards 1.1933 as a next target, while the bearish trend scenario will remain active conditioned by the price stability below 1.2225.
The expected trading range for today is between 1.2040 support and 1.2200 resistance.
The expected trend for today: Bearish