GBPUSD Price Analysis Current Situation The GBPUSD price is still stuck between key levels represented by 1.2700$ support and 1.2730$ resistance. As mentioned yesterday, the price needs to breach one of these levels to determine its next direction clearly, keeping our neutrality valid for now.

Key Levels and Targets Breaking below the support at 1.2700$ will put the price under negative pressure, with the next main target at 1.2580$. Breaking above the resistance at 1.2730$ will signal the start of a new bullish wave, targeting levels starting at 1.2800$ and extending to 1.2890$. Expected Trading Range Between 1.2630$ support and 1.2800$ resistance.

Trend Forecast: Neutral