The GBPUSD forecast update 26-04-2024
Economies.com
2024-04-26 10:59AM UTC
GBPUSD Price Analysis
Expected Scenario
- The GBPUSD price shows some slight bearish bias now, affected by the RSI negativity.
- Waiting to get positive motive that assist to push the price to resume the bullish wave.
- The next target is located at 1.2580$, taking into consideration that breaking 1.2480$ will stop the expected rise and push the price to decline again.
Expected Trading Range
Between 1.2430$ support and 1.2590$ resistance.
Trend Forecast: Bullish
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