The GBPUSD pair resumes its negative trading to approach our waited target at 1.2636, being aware that we need to monitor the upcoming trading, as continuing the negative pressure and breaking the mentioned level will extend the bearish wave on the short term basis to reach 1.2550 followed by 1.2400 as next main stations.
The expected trading range for today is between 1.2600 support and 1.2780 resistance.
The expected trend for today: Bearish