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The GBPUSD price needs strong positive motive - Forecast today - 12-06-2024
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The GBPUSD price needs strong positive motive - Forecast today - 12-06-2024
Jun 12, 2024 12:18 AM

GBPUSD Price Analysis Expected Scenario The GBPUSD price fluctuates around the EMA50 that forms good resistance against the price at 1.2750$, and the price needs to get strong positive motive that assist to surpass this level and open the way to achieve our waited positive targets, which start at 1.2800$ and extend to 1.2893$. Therefore, we will continue to suggest the bullish trend for the upcoming period, reminding you that it is important to hold above 1.2700$ to achieve the waited targets. Expected Trading Range Between 1.2660$ support and 1.2820$ resistance.

Trend Forecast: Bullish

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