GBPUSD Forecast
The GBPUSD attempted to push higher yesterday topped at 1.5496 but whipsawed to the downside and closed lower at 1.5414. The bias is neutral in nearest term probably with a little bearish bias testing 1.5350 area. Immediate resistance is seen around 1.5450. A clear break above that area could trigger further bullish pressure testing 1.5505 key resistance which remains a good place to sell with a tight stop loss. My major technical outlook remains neutral.

gbpusdh4

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.