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GBPUSD Daily Forecast: August 20

Wednesday, August 19, 2015 19:09
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(Before It's News)

GBPUSD Forecast
The GBPUSD didn’t make significant movement yesterday but overall still able to maintain its bullish intraday bias. The bias remains bullish in nearest term testing 1.5775. Immediate support remains around 1.5640. A clear break below that area could lead price to neutral zone in nearest term testing 1.5600 area. Potential daily range today remains between 1.5640 – 1.5775. My major technical outlook remains neutral.

gbpusdh1



Source: http://www.fxinstructor.com/blog/gbpusd-daily-forecast-august-20-6

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