GBPUSD Price Analysis Expected Scenario The GBPUSD price broke below the $1.2385 level, indicating a continuation of the bearish trend. The next target is set at $1.2265. The EMA50 continues to exert negative pressure on the price. A failure to consolidate below $1.2385 and trading above it again may trigger intraday gains, targeting $1.2480. Expected Trading Range Between $1.2300 support and $1.2460 resistance.

Trend Forecast: Bearish