GBPUSD Price Analysis The GBPUSD price tested 1.2480$ level and bounced bullishly from there, to resume the expected bullish wave on the intraday basis, which targets testing 1.2580$ as a first station. The EMA50 supports the expected rise, and breaching the targeted level will extend the bullish wave to reach 1.2700$, while holding above 1.2480$ represents key condition to achieve the suggested targets. The expected trading range for today is between 1.2460$ support and 1.2610$ resistance.

Trend forecast: Bullish