GBPUSD Price Analysis Expected Scenario The GBPUSD price trades with clear positivity to approach testing the 1.2480$ level. As long as the price is below this level, our bearish overview will remain valid for today, supported by the negative pressure formed by the EMA50. Breaking 1.2385$ is required to confirm extending the correctional bearish wave towards 1.2265$ as the next negative station. Expected Trading Range Between 1.2300$ support and 1.2480$ resistance.

Trend Forecast: Bearish