GBP/USD, forecast from: 12 May, 2015
Main scenario:
The pair is trading along an downtrend.
The downtrend may be expected to continue while pair is trading below resistance level 1.5480, which will be followed by reaching support level 1.5350 and then to 1.5245.
Alternative scenario:
An uptrend is not expecting today.
http://forexmillion.com/uploads/post...5_gbpusdh1.png
Main scenario:
The pair is trading along an downtrend.
The downtrend may be expected to continue while pair is trading below resistance level 1.5480, which will be followed by reaching support level 1.5350 and then to 1.5245.
Alternative scenario:
An uptrend is not expecting today.
http://forexmillion.com/uploads/post...5_gbpusdh1.png