financetom
Pound-Dollar
financetom
/
Forex
/
Pound-Dollar
/
The GBPUSD price attempts positively - Forecast today - 03-06-2024
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
The GBPUSD price attempts positively - Forecast today - 03-06-2024
Jun 3, 2024 12:18 AM

GBPUSD Price Analysis Expected Scenario The GBPUSD price trades positively to move away from 1.2700$ level, reinforcing the expectations of continuing the bullish trend in the upcoming period, affected by the previously completed double bottom pattern, reminding you that our next main target reaches 1.2893$. Holding above 1.2700$ is important to the continuation of the expected rise, as breaking it will force the price to turn to decline and head towards testing the key support levels between 1.2630$ and 1.2580$ before any new attempt to rise. Expected Trading Range Between 1.2670$ support and 1.2830$ resistance.

Trend Forecast: Bullish

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2025 - www.financetom.com All Rights Reserved