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The GBPUSD forecast update 09-05-2024
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The GBPUSD forecast update 09-05-2024
May 9, 2024 3:31 AM

GBPUSD Price Analysis Expected Scenario The GBPUSD price achieved initial break to 1.2480$ and closed the last four hours candlestick below it. Reinforcing the expectations of continuing the bearish trend domination for the rest of the day, paving the way to head towards 1.2385$ as a next negative station. Expected Trading Range Between 1.2400$ support and 1.2550$ resistance.

Trend Forecast: Bearish

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