GBP USD faces strong resistance

The GBPUSD pair achieve our first waited positive target at 1.3610 and bounced downwards strongly from there, to start pressing on 1.3525 level, which hints heading to return to the correctional bearish track after failing to surpass 1.3610 level in the second attempt.

Therefore, the bearish bias will be suggested in the upcoming sessions unless the price rallied to breach 1.3610 and hold above it, noting that our first negative target is located at 1.3460.

The expected trading range for today is between 1.3440 support and 1.3600 resistance.

The expected trend for today: Bearish