GBPUSD Forecast
The GBPUSD had a bullish momentum yesterday topped at 1.3051 and hit 1.3070 earlier today. The bias is bullish in nearest term testing 1.3100. A clear break and daily close above that area could trigger further bullish pressure testing 1.3200 region. Immediate support is seen around 1.3000. A clear break below that area could lead price to neutral zone in nearest term testing 1.2950 or lower. Overall I remain bearish and any upside pullback should be seen as a good opportunity to sell.


FX Instructor Forex Blog – For Traders, By Traders

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.