GBPUSD Daily Forecast: March 15 2016
GBPUSD Forecast
The GBPUSD failed to continue its bullish momentum yesterday and hit 1.4271 earlier today. The bias is bearish in nearest term testing 1.1.4230. A clear break and daily close below that area could trigger further bearish pressure testing 1.4100 area. Immediate resistance is seen around 1.4325. A clear break above that area could lead price to neutral zone in nearest term testing 1.4400 which need to be clearly broken to the upside to keep the bullish scenario remain valid targeting 1.4500 or higher.
