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GBPUSD Daily Forecast: February 22

Tuesday, February 21, 2017 19:44
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(Before It's News)

GBPUSD Forecast
The GBPUSD attempted to push lower yesterday bottomed at 1.2400 but closed higher and hit 1.2505 earlier today in Asian session. The bias is neutral in nearest term probably with a little bullish bias testing 1.2580 resistance area. Immediate support is seen around 1.2465. A clear break below that area could trigger further bearish pressure retesting 1.2400 area. Fundamental focus will be on the FOMC meeting minutes. Overall I remain neutral.

gbpusdh1



Source: http://fxinstructor.com/blog/gbpusd-daily-forecast-february-22-6

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