GBPUSD Daily Forecast: March 04 - Forex
International Business Times
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By swibowo | March 4, 2013 6:49 PM EST

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GBPUSD Forecast

The GBPUSD was indecisive last week but overall still able to maintain its bearish bias so far. The bias is bearish in nearest term testing 1.5000 – 1.4950. Immediate resistance is seen around 1.5050. A clear break above that area could lead price to neutral zone in nearest term testing 1.5100/50 but overall I still prefer a bearish scenario with sell on rallies strategy.

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