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GBPUSD Daily Forecast: October 18
Thursday, October 18, 2012 12:42
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GBPUSD Forecast
The GBPUSD was indecisive yesterday formed a Doji on daily chart. The bias is neutral in nearest. Immediate support is seen around 1.6090. A clear break below that area could trigger further bearish pressure testing 1.6050 – 1.6000. Immediate resistance is seen around 1.6170. A clear break above that area could trigger further bullish pressure testing 1.6200 – 1.6300. Potential medium term range is seen between 1.6300 – 1.6000.
2012-10-18 12:24:37
Source: http://www.fxinstructor.com/blog/gbpusd-daily-forecast-october-18-3
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