GBPUSD Daily Forecast: October 24
GBPUSD Forecast
The GBPUSD attempted to push higher yesterday, slipped above 1.3000 psychological level but closed lower below 1.3000, printed a bearish pin bar as you can see on my daily chart below. The bias is bearish in nearest term retesting 1.2925 key support. Immediate resistance is seen around 1.3044. A clear break above that area would invalidate the bearish pin bar scenario testing 1.3100 or higher. On the downside, a clear break and daily close below 1.2925 would expose 1.2800 region.
Source: https://fxinstructor.com/blog/gbpusd-daily-forecast-october-24-7
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