GBPUSD Daily Forecast: March 11 - Forex
International Business Times
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By swibowo | March 11, 2013 5:21 PM EST

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GBPUSD Forecast

The GBPUSD continued its bearish momentum last week. The bias is bearish in nearest term testing 1.4800. Immediate resistance is seen around 1.4950. A clear break above that area could lead price to neutral zone in nearest term testing 1.5000 – 1.5050 but overall I still prefer a bearish scenario.

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