The GBPUSD pair fluctuates within tight track, settling below 1.2700 level, to keep the negative pressure valid for the upcoming period, supported by stochastic and the EMA50 negativity, reminding you that our next target is located at 1.2565.
Note that breaching 1.2760 will lead the price to rally bullishly and visit 1.2924 level as a next positive target.
The expected trading range for today is between 1.2600 support and 1.2760 resistance.
The expected trend for today: Bearish