GBP/USD Forecast March 25, 2016, Technical Analysis

Daily Forex Reports | by FX Empire | Friday, 25 March 2016 06:00 UTC
The GBP/USD pair rose during the course of the day after initially falling on Thursday, as we have quite a bit of support just below and extending all the way down to the 1.40 handle. A break above the top of the range for the day on Thursday should send this market going higher, perhaps reaching towards the 1.45 handle given enough time. It could be a bit choppy, but at the end of the day it looks like we will simply grind our way higher, and if you can deal with volatility, you may find going long a profitable trade.

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