Profile image
By FX Instructor (Reporter)
Contributor profile | More stories
Story Views

Last Hour:
Last 24 Hours:

GBPUSD Daily Forecast: November 02

Tuesday, November 1, 2016 18:01
% of readers think this story is Fact. Add your two cents.

Headline: Bitcoin & Blockchain Searches Exceed Trump! Blockchain Stocks Are Next!

GBPUSD Forecast
The GBPUSD was indecisive yesterday. As you can see on my H1 chart below, price has been moving sideways after hit 1.2000 key support. The bias remains bullish in nearest term testing 1.2300/50 area. Immediate support is seen around 1.2220. A clear break below that area could lead price to neutral zone in nearest term testing 1.2150 area. Overall I remain bearish but as long as stay above 1.2000 key support, the hammer formation bullish correction/reversal scenario (daily chart) should remain valid.



Report abuse


Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories



Top Global


Top Alternative




Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.