The GBPUSD pair shows sideways and tight trades since yesterday, keeping its stability below 1.2962 level, thus, no change to the expected bearish trend scenario on the intraday and short term basis, which depends on the price stability below the mentioned level and below 1.2995, while our next main target is located at 1.2800.
The expected trading range for today is between 1.2840 support and 1.3000 resistance.
The expected trend for today: Bearish