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GBPUSD Technical Analysis Forecast Wednesday, March 8, 2017

ForexZig.com March 8, 2017

GBPUSD Technical Analysis

In the former trading day forex currency pair GBPUSD started the session at 1.22391 and ended at 1.22049.

Daily top rate was 1.22518 and daily low was 1.21686.

During the Asian trading the currency pair GBPUSD started the session at 1.22391 and ended at 1.22436. Asian highest price was 1.22485, Asian bottom rate was 1.22319.

During the European trading the currency pair GBPUSD started the session at 1.22250 and ended at 1.22012. European highest price was 1.22379, European bottom rate was 1.21826.

During the US trade the pair GBPUSD started trading at 1.21926 and closed at 1.22083. US top rate was 1.22115, US bottom level was 1.21686.

GBPUSD Wednesday, March 8, 2017 Daily analysis for GBPUSD

Support Resistance levels for Wednesday, March 8, 2017

S3 S2 S1 Pivot R1 R2 R3
1.20819 1.21252 1.21651 1.22084 1.22483 1.22916 1.23315

GBPUSD Forecast

We expect short-term shift at 0.00215 and a long-term adjustment at 0.00293 or our forecast is uptrend and to reach 1.22342.

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