The GBPUSD pair keeps declining to approach our waited target at 1.1410, falling under continuous negative pressure coming by the EMA50, to support the chances of surpassing the mentioned level and open the way to achieve additional negative targets that reach 1.1300.
On the other hand, we should note that breaching 1.1500 might push the price to achieve intraday gains that target testing 1.1610 areas before any new attempt to decline.
The expected trading range for today is between 1.1360 support and 1.1520 resistance.
The expected trend for today: Bearish