Profile image
By FX Instructor (Reporter)
Contributor profile | More stories
Story Views

Last Hour:
Last 24 Hours:

GBPUSD Daily Forecast: March 13

Sunday, March 12, 2017 18:24
% of readers think this story is Fact. Add your two cents.

(Before It's News)

GBPUSD Forecast
The GBPUSD continued its bearish momentum last week bottomed at 1.2132. The bias is bearish in nearest term testing 1.2100 but from a broader perspective as you can see on my daily chart below 1.2100 – 1.2000 region is a key support  and good place to buy. Immediate resistance is seen around 1.2215. A clear break above that area could lead price to neutral zone in nearest term testing 1.2300 region. Overall I remain neutral.



Report abuse


Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Total 1 comment
  • I think the sell mode is definitely the way to go, I can’t see anything else at all. I believe we can gain plenty if we simply follow this formula, at least for now. It can be great to gain from. I work with OctaFX broker and under them; I can really enjoy working and brings great rewards for me. I like it a lot to do with low spreads starting from 0.1 pips to high leverage up to 1.500 while there are many other benefits too, so all this works perfectly in my favor!

Top Stories
Recent Stories



Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.