GBPUSD Forecast
The GBPUSD had a moderate bullish momentum yesterday topped at 1.5594. The bias is bullish in nearest term testing 1.5600. A clear break above that area could trigger further bullish pressure testing 1.5675 region. Immediate support is seen around 1.5540. A clear break below that area could lead price to neutral zone in nearest term testing 1.5500 area. Potential daily range today is seen between 1.5500 – 1.5600.  My major technical outlook is neutral.

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.