The GBPUSD pair tested 1.2590 again and bounced bearishly from there, to keep the bearish trend scenario active for the upcoming period, waiting to visit 1.2425 as a next main target.
Breaking the targeted level will extend the bearish wave to reach 1.2300 as a next negative station, while breaching 1.2590 will stop the expected decline and lead the price to achieve more bullish correction.
The expected trading range for today is between 1.2440 support and 1.2600 resistance.
The expected trend for today: Bearish