GBPUSD Daily Forecast: March 29 2016

GBPUSD Daily Forecast: March 29 2016

29 March 2016, 05:43
Roberto Jacobs
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GBPUSD Daily Forecast: March 29 2016

GBPUSD Forecast

The GBPUSD had a bullish momentum yesterday topped at 1.4282. The bias is bullish in nearest term testing 1.4300 – 1.4400 region as a part of the bullish phase since rejection to move below 1.4050 support area as you can see on my H1 chart below. Immediate support is seen around 1.4200. A clear break below that area could lead price to neutral zone in nearest term testing 1.4120 region. My major technical outlook remains neutral.

gbpusd1


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