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 Range Between the support at 1.2270$ and the resistance at 1.2420$
Trend Forecast: Bearish