GBPUSD Price Analysis Expected Scenario The GBPUSD price tested the key support 1.2580$ and bounced bullishly from there, to settle around the EMA50, which keeps our positive overview valid for the upcoming period, reminding you that our first target is located at 1.2700$. Breaching the mentioned level will confirm regaining the main bullish trend and head to achieve additional gains...

GBPUSD Price Analysis The GBPUSD price settles around 1.2650$ level after the strong rise that it witnessed in the previous sessions. After confirming breaching 1.2580$, the bullish bias will be suggested in the upcoming sessions. Waiting to test 1.2700$ as a next station, noting that breaching this level will lead the price to achieve additional gains that reach 1.2800$. Therefore,...

GBPUSD Price Analysis Expected Scenario The GBPUSD price approached the 1.2700$ level and bounced bearishly to test the EMA50 that forms intraday support at 1.2625$. The price needs to consolidate above this level as a first condition for the continuation of the expected bullish trend on the intraday basis. Breaching 1.2700$ will extend the bullish wave to reach 1.2800$. RSI...

GBPUSD Price Update GBPUSD Analysis The GBPUSD price keeps its stability below 1.2580$ level until now. This keeps the correctional bearish trend valid for the upcoming period, targeting testing 1.2480$ as a next station. The EMA50 keeps supporting the suggested bearish wave. Waiting to activate the negative effect of the head and shoulders pattern that appears on the chart. Continuation...