The GBP/USD pair succeeded in achieving our awaited target at 1.3355 and settling near it, and is likely to break this level with the support of the negative pressure formed by the EMA50. It will open the way to 1.3160 as the next negative target.
From here, the bearish trend scenario will remain valid for the upcoming period, noting that the steadfastness of 1.3355 in front of the current negative attempts may push the price to test the 1.3470 areas before any new attempt to decline.
The expected trading range for today: between the support 1.3280 and the resistance 1.3440
The forecast general trend for today: bearish