GBPUSD Price Analysis Expected Scenarios The GBPUSD price settles around 1.2550$ level, waiting to resume the bullish wave to breach 1.2580$ and confirm the continuation of the rise to achieve new gains that reach 1.2700$, supported by the EMA50 that carries the price from below. Therefore, the bullish trend scenario will remain valid on the intraday basis, taking into consideration that breaking 1.2480$ will put the price under new negative pressures that target visiting 1.2385$ initially. Trading Range for Today Support: 1.2480$ Resistance: 1.2640$ Trend forecast: Bullish