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GBP/USD is Bearish Prior to the NFP

By
Nenad Kerkez
Published: Jun 4, 2021, 07:43 GMT+00:00

The GBP/USD is bearish after the ADP and we should see a retest of a trend line for further selling.

GBP/USD is Bearish Prior to the NFP

If the price gets to the POC zone again, we might see a rejection. 78.6-88.6 is the zone where we could see a drop. 1.4177-89 is the POC zone and the price should move down. This might be the scenario after the NFP. However if the price breaks 1.4076 we should see 1.4044 as the final target.

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Cheers and safe trading,

Nenad

 

About the Author

Nenad Kerkezcontributor

M.Ec. Nenad Kerkez aka Tarantula is Elite CurrenSeas Head trader and a valued contributor to many premium Forex and trading websites.

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