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-
2417.755
22.865%
-
79.979
1.648%
-
1.0872
1.5474%
-
5307.28
0.13%
-
39999.01
0.20%
-
18551.55
0.11%
The GBPUSD forecast update 06-05-2024
Economies.com
2024-05-06 11:08AM UTC
GBPUSD Price Analysis
- The GBPUSD price attempts to breach the 1.2580$ level.
- Waiting to surpass this level to confirm rallying towards 1.2700$, which represents our next main target.
- The EMA50 continues to support the suggested bullish wave.
- Failing to breach 1.2580$ will push the price to rebound bearishly and test 1.2480$ areas before any new attempt to rise.
Expected Trading Range for Today:
- Support: 1.2480$
- Resistance: 1.2640$
Trend Forecast: