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GBPUSD Daily Forecast: June 12

Monday, June 11, 2018 20:09
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GBPUSD Forecast
The GBPUSD had a bearish momentum yesterday bottomed at 1.3344. Price slipped below the trend line support as you can see on my H1 chart below, which is a serious threat to the bullish correction phase. The bias is bearish in nearest term testing 1.3300. Immediate resistance is seen around 1.3380. A clear break above that area could lead price to neutral zone in nearest term but would keep the bullish correction bias alive and kicking testing 1.3440 – 1.3480 region.


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