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GBPUSD Daily Forecast: February 01

GBPUSD Daily Forecast: February 01
Friday, February 1st, 2019 @ 5:24 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 failed to continue its bullish momentum yesterday. The bullish run stalled just below 1.3175 resistance area. The bias is neutral in nearest term. As long as stay above 1.3000 I remain bullish targeting 1.3300 region but need a clear break above 1.3175 to resume the bullish run. On the downside, a clear break and daily/weekly close back below 1.3000 would be a serious threat to the bullish outlook.


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