GBPUSD Daily Forecast: October 13

(Before It's News)

GBPUSD Forecast
The GBPUSD had another indecisive movement yesterday. The bias is neutral in nearest term but overall remains in a bearish intraday outlook testing 1.6000 area. My medium outlook remains neutral with potential range seen between 1.6000 – 1.6300. Immediate resistance remains around 1.6200. On the upside, we need a clear break at least above 1.6300 to keep the bullish outlook remains strong testing 1.6400 or higher.

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