GBPUSD Outlook
The GBPUSD had significant bullish momentum yesterday. The pair topped at 1.6619 and closed at 1.6589. The bias is bullish in nearest term but we seem to have important resistance around1.6660 area. Break above that area should trigger further bullish momentum towards 1.6800 area. CCI just cross the 100 line down on h1 chart suggesting a potential minor downside pullback testing 1.6530 and 1.6475 support area.
GBPUSD Daily Supports and Resistances:
- S1= 1.6412
- S2= 1.6235
- S3= 1.6132
- R1= 1.6692
- R2= 1.6795
- R3= 1.6972
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