GBPUSD Forecast
The GBPUSD had a moderate bullish momentum yesterday topped at 1.5594. The bias is bullish in nearest term testing 1.5600. A clear break above that area could trigger further bullish pressure testing 1.5675 region. Immediate support is seen around 1.5540. A clear break below that area could lead price to neutral zone in nearest term testing 1.5500 area. Potential daily range today is seen between 1.5500 – 1.5600.* My major technical outlook is neutral.
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The GBPUSD had a moderate bullish momentum yesterday topped at 1.5594. The bias is bullish in nearest term testing 1.5600. A clear break above that area could trigger further bullish pressure testing 1.5675 region. Immediate support is seen around 1.5540. A clear break below that area could lead price to neutral zone in nearest term testing 1.5500 area. Potential daily range today is seen between 1.5500 – 1.5600.* My major technical outlook is neutral.
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GBPUSD Daily Forecast: July 28
