GBPUSD Price Analysis The GBPUSD price continued to rise, reaching a few pips away from our awaited target at 1.2580$. However, the price now shows bearish rebound signals, suggesting a decline in the upcoming sessions and heading to visit 1.2480$ mainly.

Therefore, a bearish trend will be expected for today, supported by the RSI negativity. Note that breaching 1.2580$ will lead the price to resume the bullish wave and achieve additional gains up to 1.2700$.

Expected Trading Range Support: 1.2460$ Resistance: 1.2600$ Trend Forecast Bearish