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GBPUSD Daily Forecast: June 19

GBPUSD Daily Forecast: June 19
Monday, June 19th, 2017 @ 5:12 am by Setyo Wibowo

About Setyo Wibowo:

Setyo Wibowo Living in East Java, Indonesia and holding International Relations degree, Setyo Wibowo began his forex trading career by joining Fortune Channel Investment in 2000 as a market analyst, while learning to trade forex independently on his own. Driven by his desire to share his trading experiences and ideas, Setyo joined the FX Instructor team in 2008. Setyo Wibowo is now living in Mojokerto, East Java, Indonesia.

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GBPUSD Forecast
The GBPUSD was indecisive last week. The bias is neutral in nearet term probably with a little bullish bias. The bullish pin bar on H4 chart still suggests a potential bullish scenario from here, but need a clear break above 1.2780 and the H4 EMA 200 (1.2820) to confirm the bullish scenario targeting 1.2900 – 1.3000/50 region. On the downside, only a clear break below 1.2635 would nullify the bullish bias testing 1.2500 region.

gbpusdh4

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