GBPUSD Price Analysis Expected Scenario The GBPUSD price achieved initial break to 1.2480$ level. Closed the last four hours candlestick below it, reinforcing the expectations of continuing the bearish trend for today. Paving the way to head towards 1.2385$ that represents our next target. Trading above 1.2480$ again and consolidating above it will push the price to attempt to recover and visit 1.2580$ as a first positive station. Expected Trading Range Between 1.2400$ support and 1.2550$ resistance.

Trend Forecast: Bearish