The GBPUSD forecast update 15-04-2024
Economies.com
2024-04-15 09:27AM UTC
GBPUSD Price Analysis
Expected Scenario
- The GBPUSD pair is currently testing the key resistance at 1.2480$.
- Caution is advised for upcoming trading, as the price needs to hold below this level to maintain the bearish trend scenario for today.
- The target for the bearish trend is set at 1.2385$ as the next correctional station.
Expected Outcome
The price is expected to maintain the bearish trend.
Expected Trading Range
Between the support at 1.2370$ and the resistance at 1.2520$.
Trend Forecast: Bearish
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