GBPUSD Daily Forecast: August 13
GBPUSD Forecast
The GBPUSD continued its bearish momentum last week, bottomed at 1.2723. The bias remains bearish in nearest term testing 1.2650 region. Immediate resistance is seen around 1.2825. A clear break above that area could lead price to neutral zone in nearest term but overall I remain bearish and any upside pullback is normal and should be seen as a good opportunity to sell. On the downside, a clear break and daily close below 1.2650 would expose 1.2500 region.
Source: https://fxinstructor.com/blog/gbpusd-daily-forecast-august-13-7
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