| Story Views | |
| Now: | |
| Last Hour: | |
| Last 24 Hours: | |
| Total: | |
GBPUSD Daily Forecast: August 27
Monday, August 27, 2012 1:11
% of readers think this story is Fact. Add your two cents.
GBPUSD Forecast
The GBPUSD had a bearish momentum on Friday and hit 1.5796 earlier today. The bias is neutral in nearest term but as long as stays above 1.5780 I still prefer a bullish intraday scenario at this phase. A clear break back below 1.5780 could trigger further bearish pressure testing 1.5700 or lower. Immediate resistance is seen around 1.5820. A clear break above that area could trigger further bullish pressure testing 1.5900.
©2012 FX Instructor Forex Blog – For Traders, By Traders. All Rights Reserved.
.
2012-08-27 01:04:45
Source: http://www.fxinstructor.com/blog/gbpusd-daily-forecast-august-27-3
Source:
