GBPUSD Forecast
The GBPUSD was indecisive yesterday, but traded higher earlier today in Asian session hit 1.3091. This fact gives the hammer formation bullish scenario a better chance. The bias is bullish in nearest term testing 1.3220 region. Immediate support is seen around 1.3000. A clear break back below that area could lead price to neutral zone in nearest term testing 1.2950 – 1.2900 region. Overall I remain bearish but as long as stay above 1.2900 – 1.2950 price is still in a bullish correction bias.


FX Instructor Forex Blog – For Traders, By Traders

Leave a Reply