The GBPUSD pair resumes its negative trading now to start pressing on 1.3000 barrier, reinforcing the expectations of continuing the bearish trend for the rest of the day, which targets 1.2962 level mainly, noting that breaking this level will push the price towards 1.2800 on the near term basis, while breaching 1.3090 will lead the price to start recovery attempts that target 1.3155 followed by 1.3226 levels mainly.
The expected trading range for today is between 1.2950 support and 1.3100 resistance.
The expected trend for today: Bearish