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...

GBPUSD Price Analysis Expected Scenario The GBPUSD price attempted to breach the $1.2700 level, but it returns to decline by todays open to keep the chances valid to continue yesterdays suggested negative scenario, which targets $1.2580 areas as a next main station. Moving below the EMA50 supports the continuation of the expected bearish trend, noting that breaching $1.2700 will stop...

GBPUSD Price Analysis Expected Scenario The GBPUSD price ended yesterday above 1.2700$ level, hinting at a potential recovery, but faces negative pressure from the EMA50, which could lead to a decline. Therefore, it is preferable to stay aside until clearer signals for the next trend emerge. Continuation of the rise and breaching 1.2730$ will likely push the price to build...

GBPUSD Price Analysis Expected Scenario The GBPUSD price continued its decline, breaking the 1.2700$ level decisively and closing below it last Friday. This action negates the previously suggested positive scenario and subjects the price to negative pressure in the upcoming sessions, targeting a visit to 1.2580$ as the next downside target. Therefore, a bearish bias is suggested for today, supported...