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GBPUSD Daily Forecast: February 17
Thursday, February 16, 2017 15:56
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GBPUSD Forecast
The GBPUSD had another indecisive movement yesterday. The bias is neutral in nearest term. Immediate support is seen around 1.2450. A clear break below that area could trigger further bearish pressure testing 1.2400 – 1.2380 region. Immediate resistance is seen around 1.2523 (yesterday’s high). A clear break and daily close above that area would expose 1.2580 – 1.2600 area. Overall I remain neutral.
Source: http://fxinstructor.com/blog/gbpusd-daily-forecast-february-17-7
