GBPUSD Daily Forecast: March 25
GBPUSD Forecast
The GBPUSD attempted to push lower last week bottomed at 1.3004 but whipsawed to the upside and closed higher at 1.3208 after rejected to move below 1.3000 key support as you can see on my daily chart below. The bias is neutral in nearest term. Immediate support is seen around 1.3140. A clear break and daily close below that area could trigger further bearish pressure testing 1.3080 – 1.3000 region. Immediate resistance is seen around 1.3225. A clear break above that area could trigger further bullish pressure testing 1.3300 but key resistance remains at 1.3365 which need to be clearly broken to the upside to resume the major bullish trend.
Source: https://fxinstructor.com/blog/gbpusd-daily-forecast-march-25-4
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