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FX.co ★ GBP/USD rebounds to 1.5010 - for March 19, 2013 (daily strategy)

GBP/USD rebounds to 1.5010 - for March 19, 2013 (daily strategy)

The pound remains a major bullish bias, especially on the daily chart, which since mid last week has configured a new trend in that direction. Momentum Indicator is showing a bearish signal for the next few sessions, we believe that will have a support at the psychological level of 1.5010, we recommend buying at this level, waiting for a new bullish move to 1.5250/80 level.

GBP/USD rebounds to 1.5010 - for March 19, 2013 (daily strategy)

If you need personal consultation, contact me via e-mail: gerardo.porras@analytics.instaforex.com

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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