GBP/USD Forecast October 21, 2015, Technical Analysis

The GBP/USD pair went back and forth during the course of the day on Tuesday, as we continue to test the 1.55 level. That being the case, it looks as if the market is still trying to build up enough momentum to break that barrier. We have not done it yet, but if we can get above the top of the range for the session on Tuesday, we would be buyers as the market should go much higher. We believe the pullbacks continue to offer buying opportunities at this point in time.

 

 

 

 

 

 

 

 

GBP/USD Forecast October 21, 2015, Technical Analysis