GBPUSD Forecast
The GBPUSD was indecisive last week. The bias is neutral in nearest term. As you can see on my H1 chart below, price is moving below the EMA 200 after formed a triple top formation suggests a bearish scenario with nearest target seen around 1.5420. Immediate resistance is seen around 1.5570. A clear break above that area could trigger further bullish pressure testing 1.5650 region. Potential daily range today is seen between 1.5420 – 1.5570.
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The GBPUSD was indecisive last week. The bias is neutral in nearest term. As you can see on my H1 chart below, price is moving below the EMA 200 after formed a triple top formation suggests a bearish scenario with nearest target seen around 1.5420. Immediate resistance is seen around 1.5570. A clear break above that area could trigger further bullish pressure testing 1.5650 region. Potential daily range today is seen between 1.5420 – 1.5570.
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GBPUSD Daily Forecast: July 27
