GBPUSD Daily Forecast: February 27
GBPUSD Forecast
The GBPUSD was indecisive last week. Price attempted to push higher, topped at 1.2569 but closed lower at 1.2457. The bias is bearish in nearest term testing 1.2340 which is a good place to buy with a tight stop loss. Immediate resistance is seen around 1.2470. A clear break above that area could lead price to neutral zone in nearest term testing 1.2520 region. Overall I remain neutral.
Source: http://fxinstructor.com/blog/gbpusd-daily-forecast-february-27-5
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