GBPUSD Price Forecast

• The GBPUSD price fluctuates positively now to head towards potential test to the key resistance 1.2480$, affected by the RSI positivity, waiting to get negative motive that assist to push the price to resume the correctional bearish trend, which its targets begin at 1.2385$ and extend to 1.2265$ in case breaking the previous level.
• In general, we will continue to suggest the bearish trend for today unless breaching 1.2480$ and holding with a daily close above it.

The expected trading range for today is between 1.2335$ support and 1.2500$ resistance.

Trend forecast: Bearish

EURUSD Price Forecast

• The EURUSD price finds good support at 1.0600$ barrier, to show some slight bullish bias, but as long as the price is below 1.0645$, our bearish overview will remain valid for today, supported by the negative pressure formed by the EMA50, reminding you that our waited targets begin at 1.0525$ and extend to 1.0450$.

The expected trading range for today is between 1.0520$ support and 1.0670$ resistance.

Trend forecast: Bearish

Ethereum Price Analysis

Ethereum price (ETHUSD) ended yesterday below $3,132.80, falling under expected negative pressure in the upcoming sessions, targeting visiting $2,905.28 as the next main station.

• EMA50 influence: Forms negative pressure that supports the suggested bearish wave, noting that breaching $3,132.80 will stop the expected decline and lead the price to attempt to regain the main bullish trend again.
• Expected trading range for today: Between $2,940.00 support and $3,200.00 resistance.
• Trend forecast: Bearish