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 the negative scenario and lead the price to recover again. Expected Trading Range Between $1.2610 support and $1.2750 resistance.

Trend Forecast: Bearish