GBPUSD Forecast
The GBPUSD had a bearish momentum yesterday bottomed at 1.4894. The bias is bearish in nearest term testing 1.4850. Immediate resistance is seen around 1.4955. A clear break above that area could lead price to neutral zone in nearest term testing 1.5000 region which is a good place to sell with a tight stop loss. Fundamental focus will be on the US NFP tomorrow.

gbpusdh1

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.