GBPUSD Price Analysis Expected Scenario The GBPUSD price hovers around the EMA50 since yesterday, noticing that the RSI attempts to gather the positive momentum, waiting to get positive motive that assist to push the price to resume the main expected bullish trend for the upcoming period, which its next target reaches 1.2893$. Holding above 1.2700$ is important to the continuation of the expected rise, as breaking it will push the price to turn to decline and build bearish wave that targets 1.2580$ areas on the near-term basis. Expected Trading Range Between 1.2700$ support and 1.2845$ resistance.

Trend Forecast: Bullish