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GBPUSD Daily Forecast: March 15
Tuesday, March 14, 2017 14:57
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GBPUSD Forecast
The GBPUSD had a bearish momentum yesterday slipped below 1.2135 but still unable to closed below that support area so far. The bias is bearish in nearest term especially if price able to make a clear break below 1.2135/00 support area but note that any movement near 1.2000 psychological level should be seen as a good opportunity to buy with a tight stop loss below 1.2000. Immediate resistance is seen around 1.2175. A clear break above that area could lead price to neutral zone in nearest term testing 1.2215 or higher. Overall I remain neutral.
Source: http://fxinstructor.com/blog/gbpusd-daily-forecast-march-15-6
