Forex Academy Quick Links:

GBPUSD Daily Forecast: April 16

GBPUSD Daily Forecast: April 16
Tuesday, April 16th, 2019 @ 4:13 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.

About Me My Articles

GBPUSD Forecast
The GBPUSD was indecisive yesterday. There are no changes in my technical outlook. The bias remains neutral in nearest term but overall 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.


No Responses to “GBPUSD Daily Forecast: April 16”

No comments posted yet.

Leave a Reply

Submit Your Comment

Our Global Forex Community

Follow us on Twitter! Join us on Facebook! Watch us on YouTube! Stumble Us!


Next Free Forex Webinar

Free Market Commentaries


Blog Archive

Forex Links

Educational Partners

The Geek Knows
Traders' Magazine

Finance Blogs Blogarama - The Blog Directory