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GBPUSD Daily Forecast: April 15

GBPUSD Daily Forecast: April 15
Monday, April 15th, 2019 @ 4:34 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 didn’t make significant movement last week. The bias is neutral in nearest term but as long as stay above 1.3000 key support area I still prefer a bullish scenario at this phase. Immediate resistance is seen around 1.3130. A clear break and daily close above that area could trigger further bullish pressure testing 1.3210 region. Immediate support is seen around 1.3050. A clear break below that area could trigger further bearish pressure retesting 1.3000 area which is a good place to buy with a tight stop loss as a clear break below 1.3000 would invalidate the major bullish outlook.


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