GBPUSD Daily Forecast: April 15

By @ibtimes on

GBPUSD Forecast:

The GBPUSD had a bullish momentum yesterday. On my h4 chart below we can see that price break above the bullish flag, confirms the bullish scenario targeting 1.5550 – 1.5600 area. Immediate support at 1.5425. Break below that area could be a threat to the bullish flag upside scenario, lead us into a no trading zone testing 1.5350 area but as long as price still move inside the bullish channel I still prefer a bullish scenario at this phase.

Related Posts:

  • GBPUSD Daily Forecast: April 14
  • EURUSD Daily Forecast: April 15
  • GBPUSD Daily Forecast: February 18
  • GBPUSD Daily Forecast: April 13
  • Daily Forecast for Crosses: March 17
  • ©2010 FX Instructor Forex Blog - For Traders, By Traders. All Rights Reserved.

    .

    Join the Discussion