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GBPUSD Daily Forecast: February 05

GBPUSD Daily Forecast: February 05
Tuesday, February 5th, 2019 @ 5:20 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 attempted to push higher yesterday topped at 1.3103 but closed lower at 1.3036. The bias is bearish in nearest term testing 1.3000 key support area which remains a good place to buy with a tight stop loss as a clear break below that area would invalidate the bullish scenario testing 1.2900 region. Immediate resistance is seen around 1.3075. A clear break above that area could lead price to neutral zone in nearest term testing 1.3115 – 1.3175 region.


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