Sterling Bias Bullish, Watch Resistance at 1.57438

Posted Contributed by & filed under Analisa Forex.

GBPUSD

Analisa Teknikal Forex – Sterling tend in bullish bias, it’s seen from trendline on chart H1 below, but right now sterling stuck at level 1.57348 which become key resistance for today, if that resistance succesfully break then sterling will continue the bullish bias with target at 1.57669 – 1.57768.

For alternative is sterling rebound, watch support level in the area of 1.56828 – 1.57026 to looking for confirmation of buy signal with target sterling will pullback and try test resistance level at 1.57348. but be ware if support level at 1.56828 succesfully break because will change bias to bearish with target at 1.56087 – 1.56186

EURUSD

Analisa Teknikal Forex - Euro generally still in bearish bias, but watchout the level at 1.24884 as the key resistance for today, if that resistance succesfully break then could change bias into bullish bias with target will test the next resistance at 1.25672.

If resistance level at 1.24884 couldn’t break then euro will rebound with first target will tray to test the trendline or support level at 1.24096, and if the support succesfully break will make euro fall futher with target will test the next support level at 1.23609