GBPUSD Price Analysis Expected Scenario The GBPUSD price fluctuates around the EMA50, forming good intraday support. Waiting to resume positive trades to test the 1.2700$ level as the first positive station. Breaching 1.2700$ represents the key to rally towards 1.2800$ as the next target. Expected Outcome We will continue to suggest the bullish trend for the upcoming period unless breaking 1.2625$ followed by 1.2580$ levels and holding below them.

Expected Trading Range Between 1.2570$ support and 1.2730$ resistance.

Trend Forecast: Bullish