GBPUSD Daily Forecast: April 23
GBPUSD Forecast
The GBPUSD didn’t make significant movement yesterday. The US Dollar is still able to maintain its strength but the pair is still struggling around 1.3000 key support area which in my opinion still holds so far despite heavy pressures. The bias remains bearish in nearest term testing 1.2960/50. A clear break and daily close below that area would confirm the invalidation of the major bullish trend testing 1.2900 – 1.2800 area. Immediate resistance is seen around 1.3030 – 1.3050 area. A clear break and daily close above that area would keep the major bullish trend alive and kicking testing 1.3100/30 region.
Source: https://fxinstructor.com/blog/gbpusd-daily-forecast-april-23-6
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