GBPUSD Forecast
The GBPUSD was indecisive yesterday formed a Doji on daily chart. The bias is neutral in nearest term. As you can see on my H1 chart below the EMA 200 provides a good support preventing price to go lower. Potential daily range today is seen between 1.5370 – 1.5500. I think buying around 1.5370 with a tight stop loss targeting 1.5500 seems to be a good idea for now. 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.