GBPUSD Price Analysis Expected Scenario The GBPUSD price shows additional positive trades to attempt to breach 1.2700$ level, which urges caution from the upcoming trading, as continuing the rise and confirming the breach will push the price to turn to rise for the rest of the day and start bullish wave on the intraday basis. Consolidating below 1.2700$ keeps the bearish trend scenario valid, which targets 1.2580$ areas mainly. Expected Trading Range Between 1.2600$ support and 1.2760$ resistance.

Trend Forecast: Bearish