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GBPUSD Daily Forecast: July 29

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07/28/2010 08:29

GBPUSD Forecast:
The GBPUSD was indecisive yesterday, made a Doji on Daily chart, pause the bullish momentum. The bias is neutral in nearest term. Immediate support at 1.5470. Break below that area could trigger further downside pullback but as long as price move inside the bullish channel wee area still in strong bullish phase. On the upside potential bullish targets remains at 1.5685 and 1.5815 region.

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History

07/28/2010
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