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The GBPUSD price consolidates above the support - Forecast today - 11-06-2024
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The GBPUSD price consolidates above the support - Forecast today - 11-06-2024
Jun 11, 2024 12:18 AM

GBPUSD Price Analysis Expected Scenario The GBPUSD price tested 1.2700$ and bounced bullishly from there, to keep the bullish trend scenario valid for the upcoming period, which targets 1.2800$ followed by 1.2893$ levels as next main stations. Breaching 1.2750$ will ease the mission of rallying towards the suggested targets, while breaking 1.2700$ represents negative factor that will force the price to turn to decline and head towards 1.2580$ areas on the near-term basis. Expected Trading Range Between 1.2660$ support and 1.2820$ resistance.

Trend Forecast: Bullish

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