GBPUSD Daily Forecast: July 04 2016

GBPUSD Daily Forecast: July 04 2016

4 July 2016, 06:57
Roberto Jacobs
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GBPUSD Daily Forecast: July 04 2016

GBPUSD Forecast
The GBPUSD continued its bearish momentum last week bottomed at 1.3119 but closed higher at 1.3270. The bias is bearish in nearest term testing 1.3200. Immediate resistance is seen around 1.3350. A clear break above that area could lead price to neutral zone in nearest term testing 1.3400 or higher but as long as stay below 1.3650 my overall technical bias remains strongly bearish.

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