GBPUSD Daily Forecast: October 11
GBPUSD Forecast
The GBPUSD continued its bullish momentum yesterday topped at 1.3215 and hit 1.3244 earlier today in Asian session. The bias remains bullish in nearest term testing 1.3300 key resistance area. Immediate support is seen around 1.3175. A clear break below that area could lead price to neutral zone in nearest term testing 1.3135 support area which need to hold to keep the strong bullish bias intact. Note that 1.3300 area is the technical target of the falling wedge formation so selling around that level is not a bad idea.
Source: https://fxinstructor.com/blog/gbpusd-daily-forecast-october-11-6
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