The GBPUSD pair shows more bearish bias to approach our first waited target at 1.2400, waiting for more decline to surpass this level and open the way to head towards 1.2300 that represents our next main station.
Therefore, we will keep our bearish overview conditioned by the price stability below 1.2540.
The expected trading range for today is between 1.2360 support and 1.2540 resistance.
The expected trend for today: Bearish