GBPUSD Price Analysis The GBPUSD price finds difficulty to surpass 1.2580$ level, as it made new attempt to breach it, waiting to gather positive momentum that assist to confirm the breach and open the way to achieve new gains that reach 1.2700$ on the near-term basis. Therefore, we will continue to suggest the bullish trend for the upcoming period, supported...

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...