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GBPUSD Daily Forecast: November 25

Thursday, November 24, 2016 19:49
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GBPUSD Forecast
The GBPUSD had another indecisive movement yesterday, formed another Doji on daily chart. 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/weekly close above that area would expose 1.2670 or higher next week. On the other hand, a clear break and daily/weekly close below 1.2330 could trigger further bearish scenario retesting 1.2000 key support.

gbpusdh4

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