| Story Views | |
| Now: | |
| Last Hour: | |
| Last 24 Hours: | |
| Total: | |
GBPUSD Daily Forecast: August 23
Thursday, August 23, 2012 3:42
% of readers think this story is Fact. Add your two cents.
GBPUSD Forecast
The GBPUSD continued its bullish momentum yesterday, topped at 1.5885 and hit 1.5911 earlier today. The bias remains bullish in nearest term testing 1.6000 resistance area. Immediate support is seen around 1.5815. A clear break below that area could lead price to neutral zone in nearest term but as long as stays above 1.5780 my overall intraday bias remains to the upside and I still prefer to buy on dips. On the downside, only a clear break back below 1.5700 will interrupt the current bullish outlook.
©2012 FX Instructor Forex Blog – For Traders, By Traders. All Rights Reserved.
.
2012-08-23 03:32:38
Source: http://www.fxinstructor.com/blog/gbpusd-daily-forecast-august-23-3
Source:
