GBPUSD Daily Forecast: November 26

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By swibowo | November 26, 2012 3:49 PM EST

Fx Instructor

GBPUSD Forecast

The GBPUSD continued its bullish intraday bias on Friday, topped at 1.6050. The bias is bullish in nearest term testing 1.6100 and the trend line resistance. Immediate support is seen around 1.5975. A clear break below that area could lead price to neutral zone in nearest term testing 1.5935/00. As long as stays below the trend line resistance the bearish scenario should remain intact.

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