Visitors Now:
Total Visits:
Total Stories:
Profile image
By FX Instructor (Reporter)
Contributor profile | More stories
Story Views

Now:
Last Hour:
Last 24 Hours:
Total:

GBPUSD Daily Forecast: October 17

Sunday, October 16, 2016 21:03
% of readers think this story is Fact. Add your two cents.

(Before It's News)

GBPUSD Forecast
The GBPUSD had a bearish momentum last week bottomed at 1.2089. The bias is bearish in nearest term and overall I also remain bearish but as long as stay above 1.2000 the hammer formation bullish correction/reversal scenario should remain valid. Immediate resistance is seen around 1.2205. A clear break above that area could lead price to neutral zone in nearest term testing 1.2270 or higher.

gbpusddaily

Report abuse

Comments

Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories

Register

Newsletter

Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.