GBPUSD Price Analysis Expected Scenario The GBPUSD price experienced further downward movement yesterday, testing the 1.2300$ level. Temporary bullish sentiment, influenced by RSI positivity, is observed, but the overall bearish trend is expected to resume, targeting 1.2265$. The EMA50 continues to support the bearish outlook, which remains valid unless the price breaches 1.2385$ and sustains trading above it. Expected Trading...

GBPUSD Price Analysis The GBPUSD price opens todays trading with clear decline to succeed achieving our first waited target at 1.2385$, falling under negative pressure that makes us suggest surpassing this level and open the way to continue the decline on the intraday and short-term basis, noting that the next station reaches 1.2265$. Therefore, the bearish trend scenario will remain...

GBPUSD Price Analysis Expected Scenario The GBPUSD price broke below the $1.2385 level, indicating a continuation of the bearish trend. The next target is set at $1.2265. The EMA50 continues to exert negative pressure on the price. A failure to consolidate below $1.2385 and trading above it again may trigger intraday gains, targeting $1.2480. Expected Trading Range Between $1.2300 support...

GBPUSD Price Analysis GBPUSD Scenario: The GBPUSD price rallied upwards clearly yesterday to breach 1.2385$ level and reach the thresholds of 1.2480$ level, to hint the attempt to return to the main bullish track again, but we notice that RSI approaches the overbought areas, while the EMA50 forms negative pressure against the price, to face contradiction between the technical factors...