The GBPUSD pair managed to touch our first waited target at 1.3100, showing new negative attempts now, while we notice that stochastic loses its positive momentum clearly, which supports the expectations of continuing the bearish trend in the upcoming sessions, waiting to surpass the mentioned level to confirm heading towards 1.2962 that represents our next main target.
Therefore, we will continue to suggest the bearish trend for today conditioned by the price stability below 1.3226.
The expected trading range for today is between 1.3020 support and 1.3200 resistance.
The expected trend for today: Bearish