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GBPUSD Daily Forecast: March 07

Monday, March 6, 2017 18:25
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(Before It's News)

GBPUSD Forecast
The GBPUSD had a moderate bearish momentum yesterday bottomed at 1.2224. The bias is bearish in nearest term testing 1.2150 region. Immediate resistance is seen around 1.2275. A clear break above that area could lead price to neutral zone in nearest term testing 1.2340 resistance area which remains a good place to sell with a tight stop loss. Overall I remain neutral.

gbpusdh1



Source: http://fxinstructor.com/blog/gbpusd-daily-forecast-march-07-5

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