GBPUSD Daily Forecast: November 30

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By swibowo | November 30, 2012 12:21 PM EST

Fx Instructor

GBPUSD Forecast

The GBPUSD didn’t make significant movement yesterday. There are no changes in my technical outlook. Nearest term bias is a little bit bullish testing 1.6100. Immediate support is seen around 1.6000. A clear break below that area could trigger further bearish pressure testing 1.5950 area. Price has been moving in a narrow range this week and hopefully we will see significant movement next week.

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