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GBPUSD Daily Forecast: October 28
Tuesday, October 27, 2015 18:47
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GBPUSD Forecast
The GBPUSD had a bearish momentum yesterday, slipped below the trend line support as you can see on my H4 chart below. The bias is bearish in nearest term testing 1.5200. Immediate resistance is seen around 1.5330. A clear break above that area could lead price to neutral zone in nearest term testing 1.5400 area. Fundamental focus will be on the FOMC statement which expected to be a market catalyst. My major technical outlook remains neutral.
Source: http://www.fxinstructor.com/blog/gbpusd-daily-forecast-october-28-6
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