GBPUSD Price Analysis Expected Scenario: Bearish Trend The GBPUSD price provided clear negative trades, approaching the awaited target at $1.2580. It returns to fluctuate around the $1.2620 level, awaiting negative momentum to resume. This would push the price to surpass the mentioned target and rally towards $1.2480 as the next target. The EMA50 continues to support the suggested bearish wave. This bearish scenario remains valid unless the price rallies to breach $1.2700 and holds above it. Expected Trading Range for Today Support: $1.2530 Resistance: $1.2690 Trend Forecast: Bearish