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GBPUSD Daily Forecast: February 10
Thursday, February 9, 2017 20:39
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GBPUSD Forecast
The GBPUSD was indecisive yesterday. Price attempted to push higher topped at 1.2582 but closed lower at 1.2494. The bias remains neutral in nearest term probably with a little bearish bias testing 1.2450 – 1.2400 support area. Immediate resistance is seen around 1.2550 followed by 1.2600. Overall I remain neutral.
Source: http://fxinstructor.com/blog/gbpusd-daily-forecast-february-10-7
Pound has really taken a major hit this week, but came back nicely to reach high again. Now, it’s again switching downside, it’s unlikely that we will see the trend change all that much, so any trade will be required to done wisely. I don’t need to worry much due to broker like OctaFX, as they are awesome with been licensed by FCA while have amazing daily market news update, it helps me keep up with the happening around and I am able to gain in big way.