The GBPUSD pair resumed its negative trades to approach our waited target at 1.3355, expecting to break this level to continue the decline inside the bearish channel that appears on the chart, supported by the EMA50, noting that the next target extends to 1.3160.
Holding below 1.3470 is important to continue the expected decline, as breaching it will push the price to achieve new bullish correction before turning back to resume the bearish track.
The expected trading range for today is between 1.3300 support and 1.3450 resistance.
The expected trend for today: Bearish