GBPUSD Forecast
The GBPUSD was indecisive yesterday. The bias is neutral in nearest term. Immediate resistance is seen around 1.5500. A clear break above that area would give further confirmation of the falling wedge bullish scenario testing 1.5550 before testing 1.5650 . Immediate support is seen around 1.5400. A clear break below that area could trigger further bearish pressure testing 1.5350 key intraday support. 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.