GBPUSDÂ Daily Forecast
The GBPUSD made indecisive movement yesterday, formed a Doji formation on daily chart. The pair attempted to push lower, bottomed at 1.6309 but further bearish scenario was rejected as the pair closed much higher at 1.6460. Surely we still have no clear direction so far, so keep stay away from the market. Immediate resistance at 1.6550 followed by 1.6660. Initial support at 1.6380 followed by 1.6309 (yesterday’s low).