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GBPUSD Daily Forecast: October 03

Sunday, October 2, 2016 20:14
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GBPUSD Forecast
The GBPUSD had another indecisive movement last week, formed another Doji on weekly chart. The bias is neutral in nearest term probably with a little bearish bias testing 1.2790 area which remains a good place to buy with a tight stop loss. Immediate resistance is seen around 1.2950 followed by 1.3000. As long as stay below 1.3500 my major technical outlook remains bearish.

gbpusdh4

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