The GBPUSD pair provided clear negative trades yesterday to settle below 1.3200 barrier, reinforcing the expectations of continuing the bearish trend on the intraday and short term basis, and the price approaches the first waited target at 1.3160, noting that breaking this level will push the price to 1.3000 areas as a next main station.
Therefore, the bearish trend scenario will remain valid and active unless the price rallied to breach 1.3295 and hold above it.
The expected trading range for today is between 1.3090 support and 1.3250 resistance.
The expected trend for today: Bearish