The GBP/USD pair shows more negative trades now and starts pressing the 1.3300 barrier, which supports the continuation of the expected bearish trend scenario on the intraday and short term. The trend is organized within the descending channel shown in the image, and the price is waiting to visit 1.3160 as a main target.
Stability below 1.3355 is important for the expected decline to continue, and we should note that the EMA50 continues to support the suggested descending wave.
The expected trading range for today: between support 1.3210 and resistance 1.3360
The forecast general trend for today: bearish