The GBPUSD pair shows more attempts to break 1.2705 level but it finds solid support there, while stochastic continues to provide the negative signals that we are waiting to motivate the price to achieve the required break followed by rallying towards our negative target that reaches 1.2540.
In general, the bearish trend scenario will remain valid for today unless the price rallied to breach 1.2855 level and hold above it.
The expected trading range for today is between 1.2620 support and 1.2800 resistance.
The expected trend for today: Bearish