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GBPUSD Daily Forecast: April 27

GBPUSD Daily Forecast: April 27
Thursday, April 27th, 2017 @ 12:08 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 yesterday. The bias is neutral in nearest term. We haven’t seen a significant bullish run so far, but price is still traded just above the daily EMA 200, keeps the double bottom bullish scenario remains valid with nearest target seen around 1.3000 – 1.3050 region. Immediate support is seen around 1.2800 but key support remains at 1.2750 which need to be clearly broken to the downside to interrupt the double bottom bullish scenario.


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