GBPUSD Forecast
The GBPUSD attempted to push higher yesterday topped at 1.2827 but whipsawed to the downside, closed lower at 1.2716 and hit 1.2693 earlier today in Asian session. The bias remains bearish in nearest term testing 1.2650/00 region. Immediate resistance is seen around 1.2730. A clear break above that area could lead price to neutral zone in nearest term testing 1.2825 area but overall I remain bearish and any upside pullback is normal and should be seen as a good opportunity to sell.

FX Instructor Forex Blog – For Traders, By Traders

Leave a Reply