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The GBPUSD price under the negative pressure - Forecast today - 10-06-2024
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The GBPUSD price under the negative pressure - Forecast today - 10-06-2024
Jun 10, 2024 12:18 AM

GBPUSD Price Analysis Expected Scenario The GBPUSD price shows more bearish bias to keep approaching 1.2700$ level, noticing that the RSI gains the positive momentum, to support the chances of rising again and attempt to build new bullish wave on the intraday basis, making the bullish bias suggested for today, waiting to target 1.2800$ followed by 1.2893$ levels as next main stations. On the other hand, we should note that breaking 1.2700$ will stop the expected rise and push the price to turn to decline, to target 1.2580$ areas mainly. Expected Trading Range Between 1.2650$ support and 1.2810$ resistance.

Trend Forecast: Bullish

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