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GBPUSD Daily Forecast: November 29

Monday, November 28, 2016 22:03
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GBPUSD Forecast
The GBPUSD was indecisive yesterday. The bias remains neutral in nearest term. Key support remains at 1.2330 which is a good place to buy with a tight stop loss. Immediate resistance is seen around 1.2435. A clear break above that area could trigger further bullish pressure testing 1.2500 area.  On the downside, a clear break and daily close below 1.2330 would activate my intraday bearish mode.

gbpusdh4

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