GBPUSD Forecast
The GBPUSD was indecisive yesterday. Price slipped below 1.5560 support but still unable to stay consistently below that area so far. The bias is neutral in nearest term. Immediate resistance is seen around 1.5600. A clear break above that area could trigger further bullish pressure testing 1.5650 – 1.5700. On the downside, a clear break below 1.5560 could trigger further bearish pressure testing 1.5500 or lower. Potential daily range today is seen between 1.5560/40 – 1.5700.

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.