The GBPUSD forecast update 09-04-2024
Economies.com
2024-04-09 10:02AM UTC
GBPUSD Price Analysis
Expected Scenario
The GBPUSD pair shows weak trades since morning, waiting to get positive motive that assist to push the price to continue the rise and achieve our first target at 1.2700$, to keep the bullish trend scenario active for today, supported by the EMA50m reminding you that breaching the mentioned level will push the price towards 1.2800$ as a next target, while holding above 1.2580$ represent major condition to achieve the waited targets.
Expected Trading Range
Between 1.2600$ support and 1.2750$ resistance.
Trend Forecast: Bullish
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