The GBPUSD pair shows calm negative trades to fluctuate around 1.2490, waiting for more decline to achieve our main expected target at 1.2425, reminding you that breaking this level will extend the bearish wave to reach 1.2300 as a next station.
In general, the bearish trend scenario will remain active conditioned by the price stability below 1.2590.
The expected trading range for today is between 1.2400 support and 1.2560 resistance.
The expected trend for today: Bearish