GBPUSD Forex forecast for today – May 27, 2020

Bulls broke through 1.22621 and 1.23141 resistance levels finally settling at 1.23511 as we did forecast yesterday.

Price is still working it’s way pit-stopping at key price levels of this week.

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GBPUSD forecast for today.

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

Continued bullish might will see us at 1.23982 and 1.24824

From where we shall see some reversals.

Alternative scenario

If the Asian correction fails, we shall head to the pivot.

Vengeful bears will drive prices dwarfing yesterdays move to 1.20938, 1.20418, 1.20048, 1.19576 support levels.

Final remarks.

See you tomorrow.

Trade responsibly.

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