The pound sterling vs. dollar pair traded with strong negativity in the past sessions; it reached the 1.3200 barrier, reinforcing the expectations of the continuation of the bearish trend. The way is open to achieving our main awaited negative target at 1.3160.
The EMA50 continues to press negatively on the price, which supports the bearish trend, while breaching the 1.3355 and then the 1.3385 levels will stop the negative scenario and lead the price to start a bullish corrective wave in the intraday term.
The expected trading range for today: between support 1.3150 and resistance 1.3300
The forecast general trend for today: bearish