Author Topic: First National Innovation Brokers GBPUSD Forecast April 08  (Read 792 times)

Offline gregscript

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First National Innovation Brokers GBPUSD Forecast April 08
« on: April 09, 2013, 09:38:33 AM »
The GBPUSD had a bullish momentum last week after failed to break below 1.5000 and slipped above 1.5300. The bias is bullish in nearest term testing 1.5400 area. My major technical outlook remains bearish but price is in a bullish correction phase. Immediate support is seen around 1.5280. A clear break below that area could lead price to neutral zone in nearest term testing 1.5250/00.

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