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| GBP/USD Daily Forecast
Tue, July 15 2014 | Dear Fellow Trader,
Setyo Wibowo here with the latest daily forex update from the FX Instructor Forex Blog.
If you have any questions about today's update - please reply to this email and I will be happy to help. Enjoy!
| The GBPUSD had a bearish momentum yesterday bottomed at 1.7068. The bias is bearish in nearest term especially if price able to make a clear break below 1.7060 testing 1.7000 key support. Immediate resistance is seen around 1.7100. A clear break above that area could lead price to neutral zone in nearest term testing 1.7150 - 1.7180. As long as stays above 1.7000 I still prefer a bullish scenario at this phase. Please click here to see the chart. |
| | I hope you enjoyed today's forex update! If you have any questions or suggestions, reply to this email - or visit me at the FX Instructor Blog.
Happy Trading! | | | | | | | |