GBPUSD Daily Forecast: February 18 - Forex
International Business Times
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By swibowo | February 18, 2013 4:21 PM EST

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GBPUSD Forecast

The GBPUSD continued its bearish momentum last week bottomed at 1.5460. The bias remains bearish in nearest term testing 1.5400 or lower. Immediate resistance is seen around 1.5550. A clear break above that area could lead price to neutral zone in nearest term testing 1.5600 but overall I still prefer a bearish outlook as a part of the false breakout bearish scenario.

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