GBPUSD Price Update GBPUSD Analysis The GBPUSD price keeps its stability below 1.2580$ level until now. This keeps the correctional bearish trend valid for the upcoming period, targeting testing 1.2480$ as a next station. The EMA50 keeps supporting the suggested bearish wave. Waiting to activate the negative effect of the head and shoulders pattern that appears on the chart. Continuation of the bearish trend depends on the price stability below 1.2580$. Expected Trading Range for Today Between 1.2480$ support and 1.2640$ resistance. Trend Forecast: Bearish