GBPUSD Forex forecast for today – April 27, 2020

Welcome to another trading week.

Those just turning to their charts will be surprised for the action this morning across the board.

We may have ourselves a bountiful trading week.

Let’s take a closer look at the GBPUSD charts for possible trading opportunities today.

GBPUSD forecast for today.

gbpusd daily -forecast-today-27-April -2020
Chart of the GBPUSD forecast for today, April 27, 2020

The charts are bullish. Potential targets are 1.24619, 1.25197.

For trading opportunities, wait for retracements and then buy into the rallies.

Alternative scenario

A bearish domination should have price at 1.2368 towards the previous support levels.

Final remarks.

Look for entry signals at the key support resistance price levels.

Stay in the green pip zone.

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