GBPUSD Price Analysis The GBPUSD price finds difficulty to surpass 1.2580$ level, as it made new attempt to breach it, waiting to gather positive momentum that assist to confirm the breach and open the way to achieve new gains that reach 1.2700$ on the near-term basis.

Therefore, we will continue to suggest the bullish trend for the upcoming period, supported by the EMA50 that carries the price from below, noting that breaking 1.2480$ will stop the expected rise and push the price to turn to decline.

Expected Trading Range for Today Support: 1.2480$ Resistance: 1.2640$ Trend Forecast Bullish