The GBP/USD pair shows additional negative trades to move away from the 1.3415 level. It supports the continuation of the bearish trend scenario on the intraday and short term, and we believe that the way is open to achieving our next target at 1.3300. Breaching it is the key to rushing towards 1.3160 as the next main station.
Therefore, we expect to witness more decline in the upcoming sessions, noting that stability below 1.3415 is important to achieve the awaited targets.
The expected trading range for today: between the 1.3260 support and the 1.3415 resistance
The forecast general trend for today: bearish