Price Analysis for GBPUSD Expected Scenario The GBPUSD price continues to crawl downwards to approach retesting the breached neckline of the double bottom pattern, while the positive effect of this pattern still active, to continue suggesting the bullish trend for the upcoming period, which its targets begin by breaching 1.2700$ to confirm heading towards 1.2800$. On the other hand, we should note that breaking 1.2630$ followed by 1.2580$ levels will stop the suggested positive scenario and push the price to turn to decline. Expected Trading Range Between 1.2580$ support and 1.2740$ resistance.

Trend Forecast: Bullish