GBPUSD (1.2855): The GBPUSD is seen settling into a range as price manages to bounce off the support area of 1.2808. However, we expect the bias to remain to remain to the downside. The lower support at 1.2683 remains untested which could form the downside target if the sentiment further deteriorates. To the upside, the resistance area of 1.3086 remains as the upper range.
