GBPUSD Daily Forecast: March 21 2016

GBPUSD Daily Forecast: March 21 2016

21 March 2016, 04:54
Roberto Jacobs
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GBPUSD Daily Forecast: March 21 2016

GBPUSD Forecast

The GBPUSD attempted to push lower last week, slipped below 1.4130 but whipsawed to the upside and closed higher at 1.4482. The bias is bullish in nearest term testing 1.4580. Immediate support is seen around 1.4400. A clear break and daily close below that area could trigger further bearish pressure testing 1.4300 – 1.4275 region. My major technical outlook remains neutral.

gbpusd1


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