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The GBPUSD price within tight track - Forecast today - 07-06-2024
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The GBPUSD price within tight track - Forecast today - 07-06-2024
Jun 7, 2024 12:18 AM

GBPUSD Price Analysis Expected Scenario The GBPUSD price fluctuates within sideways and tight track since yesterday, settling around 1.2780$, waiting to gather positive momentum that assist to push the price to resume the expected bullish trend for the upcoming period, which targets 1.2893$ as a next main station. Therefore, we will continue to suggest the bullish trend on the intraday and short-term basis, noting that breaking 1.2700$ will stop the bullish wave and push the price to turn to decline. Expected Trading Range Between 1.2730$ support and 1.2890$ resistance.

Trend Forecast: Bullish

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