GBPUSD Price Analysis Expected Scenario The GBPUSD price bounced downwards strongly yesterday, as it attacked $1.2700 level and attempted to confirm breaking it, opening today with additional decline to surpass this level and hint turning to decline in the upcoming sessions, to head towards visiting $1.2630 followed by $1.2580 levels as main negative stations. Therefore, we expect to witness more bearish bias today, noting that trading above $1.2700 again will reactivate the positive scenario and lead the price to achieve new gains that reach $1.2893. Expected Trading Range Between $1.2600 support and $1.2750 resistance.

Trend Forecast: Bearish