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GBPUSD Daily Forecast: January 31

GBPUSD Daily Forecast: January 31
Thursday, January 31st, 2019 @ 4:45 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 regained its bullish momentum yesterday topped at 1.3145. The bias is bullish in nearest term testing 1.3175 – 1.3200 region. Immediate support is seen around 1.3090. A clear break below that area could lead price to neutral zone in nearest term testing 1.3050 region but as long as stay above 1.3000 I remain bullish and any downside pullback should be seen as a good opportunity to buy. On the upside, a clear break and daily close above 1.3175 – 1.3200 would target 1.3300 region.

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