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| GBP/USD Daily Forecast
Wed, August 13 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 was corrected higher yesterday, slipped above 1.6810 resistance area. The bias is neutral in nearest term but overall I still prefer a bearish scenario at this phase with nearest target seen around 1.6735. Immediate resistance is seen around 1.6850 followed by 1.6890 but key resistance remains around 1.7000. Immediate support is seen around 1.6790. A clear break below that area could trigger further bearish pressure testing 1.6735 or lower. 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! | | | | | | | |