GBPUSD Price Analysis Expected Scenario The GBPUSD price trades with clear positivity after consolidating above the 1.2480$ level, heading towards a potential test of the 1.2580$ level. We suggest the continuation of the bullish bias on the intraday basis to surpass this level and achieve additional gains up to 1.2700$. The EMA50 supports the suggested bullish wave. However, breaking below...

GBPUSD Price Analysis Expected Scenarios The GBPUSD price settles around 1.2550$ level, waiting to resume the bullish wave to breach 1.2580$ and confirm the continuation of the rise to achieve new gains that reach 1.2700$, supported by the EMA50 that carries the price from below. Therefore, the bullish trend scenario will remain valid on the intraday basis, taking into consideration...

GBPUSD Price Analysis The GBPUSD price attempts to breach the 1.2580$ level. Waiting to surpass this level to confirm rallying towards 1.2700$, which represents our next main target. The EMA50 continues to support the suggested bullish wave. Failing to breach 1.2580$ will push the price to rebound bearishly and test 1.2480$ areas before any new attempt to rise. Expected Trading...

GBPUSD Price Analysis The GBPUSD price resumes the rise to approach the awaited target at 1.2580$. The potential exists to surpass this level and achieve additional gains up to 1.2700$, supported by the EMA50. Breaching 1.2580$ would complete forming a positive pattern with targets exceeding 1.2700$ to reach 1.2820$ areas. We expect further rise in upcoming sessions unless the price...