GBPUSD Price Analysis Expected Scenario The GBPUSD price shows positive trades and attempts to surpass 1.2700$ level, affected by the RSI negativity, and as we mentioned this morning, holding below this level keeps the bearish trend scenario active for today, which targets 1.2630$ followed by 1.2580$ levels mainly. Moving below the EMA50 supports the chances of continuing the suggested bearish trend, which will remain valid conditioned by the price stability below 1.2700$ - 1.2715$ levels. Expected Trading Range Between 1.2600$ support and 1.2750$ resistance.
Trend Forecast: Bearish