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The GBPUSD price achieves clear gains - Forecast today - 04-04-2024
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The GBPUSD price achieves clear gains - Forecast today - 04-04-2024
Apr 4, 2024 12:13 AM

GBPUSD Price Analysis The GBPUSD price settles around 1.2650$ level after the strong rise that it witnessed in the previous sessions. After confirming breaching 1.2580$, the bullish bias will be suggested in the upcoming sessions. Waiting to test 1.2700$ as a next station, noting that breaching this level will lead the price to achieve additional gains that reach 1.2800$. Therefore, we expect to witness more rise on the intraday and short-term basis. Breaking 1.2580$ will stop the positive scenario and push the price to return to the correctional bearish track again. The expected trading range for today is between 1.2570$ support and 1.2740$ resistance.

Trend forecast: Bullish

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