GBPUSD Forecast
The GBPUSD had a bearish momentum yesterday bottomed at 1.5328. The bias is bearish in nearest term testing 1.5265. Immediate resistance is seen around 1.5385. A clear break above that area could lead price to neutral zone in nearest term testing 1.5450 area. Price broke below the H1 EMA 200 suggests a short term bearish outlook but my major technical outlook remains neutral. Potential daily range today is seen between 1.5265 – 1.5385.

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.