PeterForexLessons

GBPUSD Forecast for 2021 March 12

Long
FX:GBPUSD   British Pound / U.S. Dollar
The cable is in a strong uptrend & bulls continue with overall control over bears.

Today (2021 March 12th) we saw gain over 800 pips maintaining Average True Range for the past 4 days of over 900 pips.

Daily Time Frame, a strong uptrend with strong bullish momentum. 2021 March 12th my target will be the 1.40750 mark.

Currently testing a level of resistance on four hour time frame at 1.39920 a breakout will only confirm the above idea.

Thank you.


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