The GBPUSD pair shows sideways and tight trades since morning and settles below the EMA50, thus, no change to the bearish trend scenario that depends on the price stability below 1.3150 – 1.3160 levels, while our next main target located at 1.2920.
The expected trading range for today is between 1.2990 support and 1.3150 resistance.
The expected trend for today: Bearish