The GBPUSD forecast update 29-04-2024

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