GBPUSD Price Analysis Expected Scenario The GBPUSD price bounced downwards clearly after the rise witnessed in the previous sessions, approaching the first negative target at 1.2480$. We suggest breaking this level to target 1.2385$ areas as the next main stations, to keep the bearish trend valid and active for the upcoming sessions conditioned by the price stability below 1.2580$. Expected Trading Range Between the support at 1.2465$ and the resistance at 1.2610$.

Trend Forecast: Bearish