The GBPUSD forecast update 29-04-2024
Economies.com
2024-04-29 09:53AM UTC
Expected Scenario
- The GBPUSD price shows new positive trades attempting to approach the awaited target at 1.2580$
- This keeps the bullish trend scenario active for today
- Reminder: breaching the mentioned level will push the price towards 1.2700$ as the next main target
- The expected rise will remain valid unless breaking 1.2480$ and holding below it
Expected Trading Range
Between the support at 1.2460$ and the resistance at 1.2610$
Trend Forecast: Bullish
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