GBPUSD - OUTLOOK
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GBPUSD 4H NEW FORECAST
The GBPUSD rate is showing slight positive trading.
It may be heading towards a possible test of the pivotal resistance 1.2550 before returning lower again.
The downward trend scenario is valid unless the price rushes to breach the mentioned resistance and hold above it.
Expected targets start at 1.2480 and extend to 1.2460 and 1.2425 after breaking the previous level.
GBPUSD 4H NEW FORECAST
The GBPUSD rate is showing slight positive trading.
It may be heading towards a possible test of the pivotal resistance 1.2550 before returning lower again.
The downward trend scenario is valid unless the price rushes to breach the mentioned resistance and hold above it.
Expected targets start at 1.2480 and extend to 1.2460 and 1.2425 after breaking the previous level.
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