The GBPUSD had a bullish momentum yesterday topped at 1.2525. The bias is bullish in nearest term testing 1.2600 area. Immediate support is seen around 1.2455.
A clear break below that area could lead price to neutral zone in nearest term testing 1.2400 region but as long as stay above 1.2330 I still prefer a bullish scenario at this phase.
The GBPUSD attempted to push lower yesterday bottomed at 1.2419 but closed higher at 1.2505 and hit 1.2540 earlier today. The bias is neutral in nearest term. As you can see on my H4 chart below price has been moving inside a range area and we need a clear break from the range area to see clearer direction.
As long as stay above 1.2330 I still prefer a bullish scenario. Immediate resistance is seen around 1.2600 followed by 1.2670. Immediate support is seen around 1.2470 followed by 1.2420.
The GBPUSD attempted to push higher yesterday, slipped above the range area as you can see on my H4 chart below but closed lower at 1.2590.
The bias is neutral in nearest term, probably with a little bearish bias as we might have a false breakout bearish scenario testing 1.2500 support area but as long as stay above 1.2330 I still prefer a bullish scenario and any downside pullback should be seen as a good opportunity to buy.
The GBPUSD had a bullish momentum last week topped at 1.2737. The bias is bullish in nearest term testing 1.2800 – 1.2900 region. Immediate support is seen around 1.2625. A clear break below that area could lead price to neutral zone in nearest term testing 1.2550 area.
Overall, as long as stay above 1.2330 I remain bullish and any downside pullback should be seen as a good opportunity to buy.
The GBPUSD was indecisive yesterday but overall still able to maintain its bullish bias. The bias remains bullish in nearest term testing 1.2800 – 1.2900 region. Immediate support is seen around 1.2690.
A clear break below that area could lead price to neutral zone in nearest term testing 1.2625 area but as long as stay above 1.2330 I still prefer a bullish scenario at this phase and any downside pullback should be seen as a good opportunity to buy.
The GBPUSD attempted to push higher yesterday topped at 1.2774 but closed lower at 1.2677. The bias is bearish in nearest term testing 1.2600 region but overall I still prefer a bullish scenario at this phase and any downside pullback should be seen as a good opportunity to buy.
Immediate resistance is seen around 1.2725. A clear break above that area could lead price to neutral zone in nearest term testing 1.2775 – 1.2800 area.
The GBPUSD had a bearish momentum yesterday bottomed at 1.2569 but closed a little bit higher at 1.2624 and hit 1.2664 earlier today. The bias is neutral in nearest term, probably with a little bullish bias testing 1.2700 – 1.2750 region. Immediate support is seen around 1.2600.
A clear break below that area could trigger further bearish pressure testing 1.2525 region but as long as stay above 1.2330 I still prefer a bullish scenario at this phase and any downside pullback should be seen as a good opportunity to buy.
The GBPUSD attempted to push higher yesterday topped at 1.2704 but whipsawed to the downside and closed lower at 1.2584. The bias is bearish in nearest term testing 1.2525 region. Immediate resistance is seen around 1.2630 followed by 1.2670.
Overall, as long as stay above 1.2330 I still prefer a bullish scenario at this phase and any downside pullback should be seen as a good opportunity to buy.
The GBPUSD attempted to push higher last week topped at 1.2774 but closed lower at 1.2572. The bias is neutral in nearest term probably with a little bearish bias testing 1.2500 region. Immediate resistance is seen around 1.2620/50. A clear break above that area could trigger further bullish pressure testing 1.2700 region or higher.
As long as stay above 1.2330 I still prefer a bullish scenario at this phase but as you can see on my H1 chart below price is moving inside a minor bearish channel suggests a potential (short term) bearish pressure.
The GBPUSD had a bullish momentum yesterday topped at 1.2699. As you can see on my H1 chart below price broke above the minor bearish channel suggests a potential bullish view. The bias is bullish in nearest term testing 1.2775. Immediate support is seen around 1.2650.
A clear break below that area could lead price to neutral zone in nearest term testing 1.2600 or lower but overall as long as stay above 1.2330 I still prefer a bullish scenario at this phase.
