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GBPUSD Daily Forecast: February 08

GBPUSD Daily Forecast: February 08
Friday, February 8th, 2019 @ 3:46 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 had another indecisive movement yesterday. The bias is neutral in nearest term. Immediate resistance is seen around 1.3000 which remains a good place to sell. Immediate support is seen around 1.2900. A clear break below that area could trigger further bearish pressure testing 1.2850 or lower. On the upside, a clear break and daily/weekly close above 1.3000 would give the bullish scenario another chance.


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