GBPUSD Daily Forecast: October 23
GBPUSD Forecast
The GBPUSD had a bearish momentum yesterday bottomed at 1.2956 and hit 1.2952 earlier today in Asian session. The bias is bearish in nearest term testing 1.2925 area but note that the technical target of the H&S formation has been reached and buying around 1.2925 with a tight stop loss is not a bad idea at this phase. Immediate resistance is seen around 1.3000. A clear break above that area could lead price to neutral zone in nearest term testing 1.3050 or higher. On the downside, a clear break below 1.2925 would expose 1.2800 support area.
Source: https://fxinstructor.com/blog/gbpusd-daily-forecast-october-23-7
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Please Help Support BeforeitsNews by trying our Natural Health Products below!
Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST
Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!
HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.
Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.
MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser! Cleans out toxic buildup with oxygen!
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover - Reduces Smart Meter radiation by 96%! (See Video).