The GBPUSD pair fluctuates below 1.3000 barrier, crawling calmly towards our main waited target at 1.2962, noticing that the EMA50 continues to press negatively on the price.
Therefore, our bearish overview will remain active for the upcoming period, reminding you that breaking the targeted level will push the price towards 1.2800, while the suggested decline will remain valid conditioned by the price stability below 1.3005 and the most important below 1.3060.
The expected trading range for today is between 1.2900 support and 1.3055 resistance.
The expected trend for today: Bearish