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The GBPUSD forecast update 06-05-2024
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The GBPUSD forecast update 06-05-2024
May 7, 2024 12:16 AM

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 Range for Today: Support: 1.2480$ Resistance: 1.2640$ Trend Forecast:

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