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GBPUSD Daily Forecast: September 08

GBPUSD Forecast
The Gbpusd failed to continue its bullish momentum yesterday bottomed at 1.3319. The bias is neutral in nearest term probably with a little bearish bias testing 1.3250 support area. Immediate resistance is seen around 1.3375. A clear break above that area could trigger further bullish pressure testing 1.3450 but key resistance remains around 1.3500 which is a good place to sell with a tight stop loss.

gbpusdh4



This post first appeared on FX Instructor Forex Blog - For Traders, By Traders, please read the originial post: here

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GBPUSD Daily Forecast: September 08

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