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GBPUSD Daily Forecast: March 14

GBPUSD Daily Forecast: March 14
Thursday, March 14th, 2019 @ 5:14 am by Setyo Wibowo

About Setyo Wibowo:

Setyo Wibowo Living in East Java, Indonesia and holding International Relations degree, Setyo Wibowo began his forex trading career by joining Fortune Channel Investment in 2000 as a market analyst, while learning to trade forex independently on his own. Driven by his desire to share his trading experiences and ideas, Setyo joined the FX Instructor team in 2008. Setyo Wibowo is now living in Mojokerto, East Java, Indonesia.

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GBPUSD Forecast
The GBPUSD had a bullish momentum yesterday slipped above 1.3365 resistance but closed lower at 1.3315 and hit 1.3239 earlier today in Asian session. I still prefer a bullish scenario, but this strong rejection from an important resistance could trigger a bearish pullback. The bias is neutral in nearest term probably with a little bearish bias testing 1.3210 – 1.3150 region. On the upside, we need a clear break above 1.3365 to resume the bullish scenario testing 1.3470 or higher.


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