GBPUSD Forecast
The GBPUSD had a bullish momentum yesterday topped at 1.4217. The bias is bullish in nearest term testing 1.4265 but as long as stay below 1.4350 I still prefer a bearish scenario at this phase and any upside pullback should be seen as a good opportunity to sell targeting 1.4000. Immediate support is seen around 1.4150. A clear break below that area could lead price to neutral zone in nearest term testing 1.4100 or lower.

gbpusddaily

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.