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GBPUSD Daily Forecast: March 14

Monday, March 13, 2017 18:17
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GBPUSD Forecast
The GBPUSD had a bullish momentum yesterday topped at 1.2250 after formed a triple bottom formation (1.2135) as you can see on my daily chart below. The bias is bullish in nearest term testing 1.2300/50 region. Immediate support is seen around 1.2195. A clear break below that area could lead price to neutral zone in nearest term testing 1.2150/35 support area but key support remains at 1.2000 psychological level which remains a good place to buy. Overall I remain neutral.



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