Profile image
By FX Instructor (Reporter)
Contributor profile | More stories
Story Views

Last Hour:
Last 24 Hours:

GBPUSD Daily Forecast: February 28

Monday, February 27, 2017 18:42
% of readers think this story is Fact. Add your two cents.

GBPUSD Forecast
The GBPUSD attempted to push lower yesterday bottomed at 1.2382 but closed higher at 1.2443. Price is still moving sideways inside a range area as you can see on my H1 chart below. The bias is neutral in nearest term. Immediate support is seen around 1.2400. A clear break below that area could trigger further bearish pressure testing 1.2340 region which remains a good place to buy with a tight stop loss. Overall I remain neutral.



We encourage you to Share our Reports, Analyses, Breaking News and Videos. Simply Click your Favorite Social Media Button and Share.

Report abuse


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

Total 1 comment
  • Ahmed

    I like reading this analysis day to day basic, it helps in working and we can gain good profits too, but this is not enough. We need knowledge and experience to apply it. This is why I have went with alternative way of Daily Pips Signal , as this is just perfect and even with people not having much clue about trading can use it due to the straight forwardness and absolutely button by button setting which only leads to gaining!

Top Stories
Recent Stories



Top Global

Top Alternative



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.