| Online: | |
| Visits: | |
| Stories: |
| Story Views | |
| Now: | |
| Last Hour: | |
| Last 24 Hours: | |
| Total: | |
GBPUSD Daily Forecast: March 09
Sunday, March 8, 2015 20:57
% of readers think this story is Fact. Add your two cents.
GBPUSD Forecast
The GBPUSD had a strong bearish momentum last week bottomed at 1.5030 after broke below the bullish channel as you can see on my hourly chart below. The bias remains bearish in nearest term testing 1.4950. Immediate resistance is seen around 1.5100. A clear break above that area could lead price to neutral zone in nearest term testing 1.5150 area but any upside pullback now is normal and should be seen as a good opportunity to sell.
Source: http://www.fxinstructor.com/blog/gbpusd-daily-forecast-march-09-4
