GBPUSD Daily Forecast Apr 14 2015

Uk min
Uk min

Outlook in GBPUSD remains on the downside as long as 1.4683 resistance holds on a daily closing basis , support comes at the 1.4586 levels ahead of the  1.4480 levels , a halt is likely but a cut would open 1.4350 next , further down will pave the way towards the 1.4190/1.4085 levels ..

On the upside , resistance comes at the 1.4683 levels , sustained breakout -daily closing-above the 1.4683 levels will turn outlook neutral and open the 1.4885/1.5009 levels before the next fall , however ; a clear break above the 1.5009 levels will extend recovery towards the 1.5162 levels before the next fall..

In all , as long as 1.4683 resistance holds on a daily closing basis , outlook in GBPUSD remains on the downside towards 1.4480 levels ahead of the 1.4350/1.4190 levels , above the 1.4683 levels faces a pullback risk towards 1.4885/1.5009 levels before the next fall..

GBPUSD Daily Forecast Apr 14 2015

MARKET DATA

UPCOMING ECONOMIC EVENTS

4 COMMENTS

  1. An interesting discussion is definitely worth comment. I do think that you ought to publish more on this subject matter, it might not be a taboo matter but usually folks don’t discuss these topics. To the next! Many thanks!!|

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