The GBPUSD price touches the target – Forecast today – 10-04-2024

forex_news_gbp_7The GBPUSD pair managed to touch our waited target at 1.2700$ and finds solid resistance there, waiting to get positive motive that assist to push the price to surpass this level and achieve additional gains that reach 1.2800$.

Therefore, we will continue to suggest the bullish trend for the upcoming period, noting that failing to achieve the required breach will push the price to rebound bearishly and head to test 1.2580$ initially.

The expected trading range for today is between 1.2600$ support and 1.2750$ resistance.

Trend forecast: Bullish

Origin: Economies

 

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