GBPUSD Daily Forecast: November 22
GBPUSD Forecast
The GBPUSD had another indecisive movement yesterday. Price has been moving sideways between 1.3330 – 1.3040 for almost 7 weeks now. The bias remains neutral in nearest term probably with a little bullish bias testing 1.3330 key resistance. Immediate support remains around 1.3185. A clear break and daily close below that area could trigger further bearish pressure testing 1.3085 region but as long as stay above 1.3000 I remain bullish and any downside pullback should be seen as a good opportunity to buy. On the upside, a clear break and daily close above 1.3330 would resume the major bullish trend retesting 1.3615 area.
Source: http://fxinstructor.com/blog/gbpusd-daily-forecast-november-22-6
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