GBPUSD Daily Forecast Dec 06 2016

GBPUSD, Very Bullish Eyes The 1.2855/1.3000 levels...

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GBPUSD, Very Bullish Eyes The 1.2855/1.3000 levels…

Outlook in GBPUSD remains on the upside as long as 1.2570 support holds on a daily closing basis, resistance comes at the 1.0855 levels,a halt is likely but a break would open 1.3000, further upside, resistance comes at the  1.3120 levels…

On the downside, below 1.2570 levels will bring consolidations above 1.2300 levels before the next rising…

Conclusion: The GBPUSD continues to face very bullish momentum above the 1.2570 levels…

gbpusd-daily-forecast-dec-06-2016

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