The GBPUSD price bounced bearishly after testing 1.3000$ level in the previous sessions, which supports the continuation of the expected bearish trend for the upcoming period, which targets 1.2866$ mainly.

Note that breaking the targeted level will extend the correctional bearish wave to reach 1.2735$ areas as a next negative station, while breaching 1.3000$ will stop the negative scenario and lead the price to attempt to regain the main bullish trend again.

The expected trading range for today is between 1.2860$ support and 1.3010$ resistance

Trend forecast: Bearish