The GBPUSD price shows some bearish bias now, while the EMA50 provides the positive support to the price, to keep our bullish overview unless breaking 1.2745$ followed by 1.2695$ levels and holding below them, reminding you that our next main target is located at 1.2880. The expected trading range for today is between 1.2730$ support and 1.2880$ resistance. Trend forecast:...

The GBPUSD price faces strong negative pressure to break 1.2695$ level and settles below it, opening the way to start bearish correction for the rise that started from 1.2070$ areas, noting that closing the day below the broken level will confirm the continuation of the bearish trend domination and head to visit 1.2580$ as a next correctional target. ...

The GBPUSD price managed to touch our waited target at 1.2580$ and attempts to break it, to hint heading to achieve more expected bearish correction in the upcoming sessions, paving the way to target 1.2480$ areas as a next negative station. Therefore, the bearish trend will remain dominant on the intraday basis, noting that failing to confirm breaking 1.2580$ will...

The GBPUSD price trades negatively to approach testing the key support 1.2685, and as we mentioned this morning, this level represents one of the next trend keys besides 1.2765 resistance, as the price needs to surpass one of these levels to detect its next destination clearly, which keeps our neutrality valid until now. We remind you that the continuation of...