Wednesday, 4 March 2015

GBPUSD Daily Analysis - March 5, 2015 Forex Analysis

GBPUSD remains in downtrend from 1.5551, and the fall extended to as low as 1.5251. Further decline could be expected after a minor consolidation, and next target would be at 1.5100 area. Resistance is located at the downward trend line on 4-hour chart, only a clear break above the trend line resistance could signal completion of the downtrend.



gbpusd chart






For more short term forex analysis and info visit via GBPUSD Daily Analysis - March 5, 2015 . Thanks for your support.

No comments:

Post a Comment