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The GBPUSD forecast update 04-02-2025

By Published On: February 4, 20250.3 min readViews: 130 Comments on The GBPUSD forecast update 04-02-2025

The GBPUSD price attempted to break 1.2415$ but it returns to consolidate above it, to keep the bullish trend scenario valid for today, which depends on the price stability above this level, supported by the EMA50 that carries the price from below, reminding you that our main waited target is located at 1.2605$.

 

The expected trading range for today is between 1.2350$ support and 1.2510$ resistance

 

Trend forecast: Bullish




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