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GBPUSD Daily Forecast: January 10

GBPUSD Daily Forecast: January 10
Thursday, January 10th, 2019 @ 4:21 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 continued its bullish correction momentum  yesterday topped at 1.2803. The bias is bullish in nearest term testing 1.2875 region. Immediate support is seen around 1.2700. A clear break below that area could lead price to neutral zone in nearest term as direction would become unclear but only a break below 1.2400 would invalidate the bullish pin bar scenario and resume the major bearish trend.

gbpusddaily

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