GBPUSD Forecast
The GBPUSD didn’t make significant movement last week. The bias is neutral in nearest term probably with a little bearish bias testing 1.5540 support area. Immediate resistance is seen around 1.5675. A clear break above that area could trigger further bullish pressure testing 1.5750 area. Potential daily range today remains between 1.5540 – 1.5675. My major technical outlook remains neutral.
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The GBPUSD didn’t make significant movement last week. The bias is neutral in nearest term probably with a little bearish bias testing 1.5540 support area. Immediate resistance is seen around 1.5675. A clear break above that area could trigger further bullish pressure testing 1.5750 area. Potential daily range today remains between 1.5540 – 1.5675. My major technical outlook remains neutral.
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GBPUSD Daily Forecast: August 03
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