GBPUSD Forecast
The GBPUSD attempted to push higher yesterday topped at 1.5632 but closed lower at 1.5558 and slipped below 1.5540 support area earlier today. The bias is bearish in nearest term testing 1.5450. Immediate resistance is seen around 1.5585. A clear break above that area could lead price to neutral zone in nearest term testing 1.5630 region. Potential daily range today is seen between 1.5450 – 1.5585.
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The GBPUSD attempted to push higher yesterday topped at 1.5632 but closed lower at 1.5558 and slipped below 1.5540 support area earlier today. The bias is bearish in nearest term testing 1.5450. Immediate resistance is seen around 1.5585. A clear break above that area could lead price to neutral zone in nearest term testing 1.5630 region. Potential daily range today is seen between 1.5450 – 1.5585.
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GBPUSD Daily Forecast: August 05
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