GBPUSD Price Analysis Expected Scenario The GBPUSD price continues to fluctuate around 1.2700$ level and still above it until now, to keep the bullish trend active on the intraday basis, waiting to head towards 1.2800$ that represents our next target. The EMA50 keeps supporting the suggested bullish wave, noting that breaking 1.2700$ will put the price under negative pressure that targets testing 1.2630$ areas and might extend to 1.2580$ before any new attempt to rise. Expected Trading Range Between 1.2640$ support and 1.2790$ resistance.

Trend Forecast: Bullish