GBPUSD Forecast
The GBPUSD had a bearish momentum yesterday bottomed at 1.5499. The bias is bearish in nearest term testing 1.5420 area. Immediate resistance is seen around 1.5570. A clear break above that area could lead price to neutral zone in nearest term but overall I prefer a bearish scenario at this phase. Potential daily range today is seen between 1.5570 – 1.5420.
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The GBPUSD had a bearish momentum yesterday bottomed at 1.5499. The bias is bearish in nearest term testing 1.5420 area. Immediate resistance is seen around 1.5570. A clear break above that area could lead price to neutral zone in nearest term but overall I prefer a bearish scenario at this phase. Potential daily range today is seen between 1.5570 – 1.5420.
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GBPUSD Daily Forecast: July 24
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