GBPUSD Forecast
The GBPUSD had a bearish momentum yesterday bottomed at 1.5466. The bias is bearish in nearest term testing 1.5450/00. Immediate resistance is seen around 1.5540. A clear break above that area could lead price to neutral zone in nearest term testing 1.5600 area. Potential daily range today is seen between 1.5450 – 1.5540. Fundamental focus today will be on the US NFP number.
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The GBPUSD had a bearish momentum yesterday bottomed at 1.5466. The bias is bearish in nearest term testing 1.5450/00. Immediate resistance is seen around 1.5540. A clear break above that area could lead price to neutral zone in nearest term testing 1.5600 area. Potential daily range today is seen between 1.5450 – 1.5540. Fundamental focus today will be on the US NFP number.
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GBPUSD Daily Forecast: August 07
