1024 && window.pageYOffset>295){scrollFromTop=true;} else if(window.screen.width<=1024 && window.pageYOffset>0){scrollFromTop=true;} else {scrollFromTop=false;}"
>
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 price needs new positive motive - Forecast today - 06-05-2024
Economies.com
2024-05-06 04:08AM UTC
GBPUSD Price Analysis
Expected Scenarios
The GBPUSD price settles around 1.2550$ level, waiting to resume the bullish wave to breach 1.2580$ and confirm the continuation of the rise to achieve new gains that reach 1.2700$, supported by the EMA50 that carries the price from below.
Therefore, the bullish trend scenario will remain valid on the intraday basis, taking into consideration that breaking 1.2480$ will put the price under new negative pressures that target visiting 1.2385$ initially.
Trading Range for Today
Support: 1.2480$
Resistance: 1.2640$
Trend forecast: Bullish
More Analysis
Forex
EUR USD Analysis
NZD USD Analysis
GBP USD Analysis
USD JPY Analysis
USD CAD Analysis
USD CHF Analysis
AUD USD Analysis
EUR JPY Analysis
GBP JPY Analysis
Commodities
Gold Analysis
Platinum Analysis
Copper Analysis
Silver Analysis
Oil Analysis
Risk Disclaimer: Economies.com is a financial portal that provides news and analysis about the different financial markets. The articles that we serve on the portal depend solely on the opinion and analysis of our economists which in no way are intended to incite a visitor of the website or an investor to trade or sell/buy a certain instrument. It is the responsibility of the visitor / trader only to evaluate his trading strategies and whether he is capable of trading with taking into consideration that losing all the capital invested is a possibility. The visitor should seek an independent professional financial advisor to discuss his or her trading strategies. Moreover, the provided rates for the different instruments are indicative only and cannot be used for trading purposes. Therefore, no responsibility can be imposed on Economies.com and the company operating the portal for any loss of money that may occur to the visitor by using the website.
20 ? scroll = true : scroll = false" x-show="scroll" @click="window.scrollTo({top: 0, behavior: 'smooth'})" type="button" data-mdb-ripple="true" data-mdb-ripple-color="light"
class="fixed inline-block p-3 bottom-20 md:bottom-5 ltr:right-5 rtl:left-5 text-xs font-medium leading-tight text-white dark:text-gray-800 uppercase transition duration-150 ease-in-out bg-gray-600 dark:bg-white rounded-full shadow-md hover:bg-gray-800 dark:hover:bg-gray-200 hover:shadow-lg focus:bg-gray-700 dark:focus:bg-gray-300 focus:shadow-lg focus:outline-none focus:ring-0 active:bg-gray-800 dark:active:bg-gray-300 active:shadow-lg" id="btn-back-to-top" x-transition.opacity>