GBPUSD Forecast
The GBPUSD attempted to push higher yesterday topped at 1.3292 but closed lower at 1.3234. The bias is neutral in nearest term. We have a bearish pin bar printed at EMA 200 as you can see on my H4 chart below suggests a potential bearish pressure testing 1.3200 support area. A clear break and daily close below 1.3200 would retest 1.3100 region. Immediate resistance is seen around 1.3315. A clear break and daily close above that area would retest 1.3360 or higher.

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.