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The GBPUSD forecast update 18-06-2024
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The GBPUSD forecast update 18-06-2024
Jun 18, 2024 4:06 AM

GBPUSD Price Analysis Expected Scenario The GBPUSD price trades with clear negativity now to attempt to move away from 1.2700$ level, to support the continuation of the expected bearish trend for today, which gets good support by the EMA50, waiting to visit 1.2580$ as a next main target, noting that holding below 1.2700$ represent key condition to the continuation of the expected decline. Expected Trading Range Between 1.2610$ support and 1.2750$ resistance.

Trend Forecast: Bearish

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