GBPUSD Daily Forecast: June 03 2016

GBPUSD Daily Forecast: June 03 2016

3 June 2016, 07:23
Roberto Jacobs
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GBPUSD Daily Forecast: June 03 2016

GBPUSD Forecast
The GBPUSD attempted to push higher yesterday topped at 1.4472 but whipsawed to the downside and closed lower at 1.4420. The bias remains bearish in nearest term testing 1.4350. A clear break and daily/weekly close below that area could trigger further bearish scenario testing 1.4000 area next week. Immediate resistance is seen around 1.4450 followed by 1.4500.

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