GBPUSD Daily Forecast: September 25 - Forex
International Business Times
  • Rate this Story
  • 0
  • 0

By swibowo | September 25, 2012 1:49 PM EST

Fx Instructor

GBPUSD Forecast

The GBPUSD had another indecisive movement yesterday. There are no changes in my technical outlook. We have several Doji formation on daily chart since last week suggests a consolidation phase but overall I still prefer a bullish scenario with potential nearest target seen around 1.6300 – 1.6400. Immediate support remains around 1.6150 and the trend line area. A clear break below that area would interrupt the bullish scenario testing 1.6000 region.

  • Rate this Story
  • 0
  • 0
For more forex information, go to FxInstructor.com.

Join the Conversation

IBTimes TV



E-Newsletters

We value your privacy. Your email address will not be shared.