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GBPUSD Daily Forecast: March 16

Wednesday, March 15, 2017 19:03
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(Before It's News)

GBPUSD Forecast
The GBPUSD had a bullish momentum yesterday topped at 1.2308 after another failure to make a clear break below 1.2135 key support as you can see on my daily chart below. The bias is bullish in nearest term especially if price able to make a clear break above 1.2300 testing  1.2400. Immediate support is seen around 1.2225. A clear break below that area could lead price to neutral zone in nearest term testing 1.2175 but key support remains at 1.2135. Overall I remain neutral.



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