GBPUSD Forecast
The GBPUSD attempted to push higher yesterday topped at 1.3023 but whipsawed to the downside and closed lower at 1.2935. The bias is bearish in nearest term especially if price able to make a clear break below 1.2935 testing 1.2850/00 region. Immediate resistance is seen around 1.2970. A clear break above that area could lead price to neutral zone in nearest term testing 1.3040 region but overall I remain bearish and any upside pullback should be seen as a good opportunity to sell.

gbpusdh4

FX Instructor Forex Blog – For Traders, By Traders

Leave a Reply