The GBPUSD pair faces a negative pressure to break 1.2135 level and moves below it now, which requires being aware from the upcoming trading, where the daily candlestick’s close below this level will stop the morning suggested positive scenario and presses on the price to decline again, while the price needs to be traded above 1.2135 to head to 1.2207 as an initial target.
The expected trading range for today is between 1.2100 support and 1.2250 resistance.
The expected trend for today: Bullish