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GBPUSD Daily Forecast: March 13

Sunday, March 12, 2017 18:24
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(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.

gbpusddaily



Source: http://fxinstructor.com/blog/gbpusd-daily-forecast-march-13-5

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