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GBPUSD Daily Forecast: November 24

Wednesday, November 23, 2016 21:09
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GBPUSD Forecast
The GBPUSD was indecisive yesterday. The bias remains neutral in nearest term but as long as stay above 1.2330 I still prefer a bullish scenario at this phase. Immediate resistance is seen around 1.2515. A clear break and daily close above that area could trigger further bullish pressure testing 1.2600 – 1.2670 region. Immediate support is seen around 1.2400. A clear break below that area could trigger further bearish pressure testing 1.2330 key support.

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