The GBP/USD currency pair has been trading within a narrow range since this morning, maintaining its expected bearish trend. This outlook hinges on the price remaining below the $1.3000 level, supported by the EMA50 indicator. The next key target is set at $1.2866.
The anticipated trading range for today is between a support level of $1.2900 and a resistance level of $1.3050.
Trend Forecast: Bearish
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