GBPUSD Forecast
The GBPUSD had a bearish momentum yesterday after another failure to make a clear break above 1.5775. The bias is bearish in nearest term testing 1.5640. Immediate resistance is seen around 1.5720. A clear break above that area could lead price to neutral zone in nearest term retesting 1.5775 area. Potential daily range today remains between 1.5640 – 1.5775. My major technical outlook remains neutral/unclear.

gbpusdh4

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.