Price Analysis for GBPUSD Expected Scenario The GBPUSD price faced clear negative pressure yesterday, as it broke 1.2700$ and settled below it, to head towards potential turn to decline, on its way to test 1.2630$ followed by 1.2580$ levels as next main stations. Holding below 1.2700$ represents major condition to the continuation of the suggested bearish trend, as breaching it will lead the price to recover again and target 1.2800$ areas initially. Expected Trading Range Between 1.2610$ support and 1.2750$ resistance.

Trend Forecast: Bearish