The GBPUSD pair broke 1.2864 level and closed the daily candlestick below it, which pushes the price out of the sideways range that appears on the above chart, opening the way to record new historical lows, as the price continues to move inside the bearish channel that organizes trading since the beginning of the current month.Therefore, the bearish trend will be suggested in the upcoming sessions supported by the negative pressure provided by the EMA50, and the next target is located at 1.2725, noting that breaching 1.2864 followed by 1.2913 levels will stop the suggested negative scenario and lead the price for recovery attempts on the intraday and short term basis. Expected trading range for today is between 1.2700 support and 1.2913 resistance. but note
