GBPUSD Daily Forecast: February 27 - Forex
International Business Times
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By swibowo | February 27, 2013 7:49 PM EST

Fx Instructor

GBPUSD Forecast

The GBPUSD was indecisive yesterday. Price attempted to push lower earlier today hit 1.5079. The bias is bearish in nearest term testing 1.5050/00. Immediate resistance is seen around 1.5150. A clear break back above that area could lead price to neutral zone in nearest term testing 1.5220 but overall I still prefer a bearish scenario at this phase with sell on rallies strategy.

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