GBPUSD Price Analysis Expected Scenario The GBPUSD price resumes its negative trading after testing 1.2700$ level in the previous sessions, which supports the expectations of continuing the bearish trend for the rest of the day, supported by the negative pressure formed by the EMA50, reminding you that our main waited target is located at 1.2580$, while achieving it requires holding below 1.2700$. Expected Trading Range Between 1.2600$ support and 1.2750$ resistance.

Trend Forecast: Bearish