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GBPUSD Daily Forecast: February 07

GBPUSD Daily Forecast: February 07
Thursday, February 7th, 2019 @ 4:32 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 but overall still able to maintain its bearish bias. The bias remains bearish in nearest term testing 1.2900 – 1.2850 region. Immediate resistance is seen around 1.2950. A clear break above that area could lead price to neutral zone in nearest term testing 1.3000 region which is a good place to sell. On the downside, a clear break and daily close below 1.2850 would expose 1.2700 area.


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