GBPUSD Daily Forecast: June 09 2016

GBPUSD Daily Forecast: June 09 2016

9 June 2016, 06:32
Roberto Jacobs
0
19

GBPUSD Daily Forecast: June 09 2016

GBPUSD Forecast
The GBPUSD was indecisive yesterday. The bias is neutral in nearest term probably with a little bearish bias testing 1.4430 region but key support remains around 1.4350. Immediate resistance is seen around 1.4600 but key resistance remains around 1.4700. Overall there are no changes in my technical outlook. Price is still trapped between the range area as you can see on my daily chart below and the best trading plan for now is to sell around 1.4700 or buy around 1.4350 with a tight stop loss.

gbpusd1.jpeg


logo_fxopen.png

Share it with friends: