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| GBP/USD Daily Forecast
Mon, October 27 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 another indecisive movement last week. Overall I still prefer a bearish scenario but the bias is neutral in nearest term. Immediate support is seen around 1.6070. A clear break below that area could trigger further bearish pressure testing 1.6000 or lower. On the upside, key resistance is seen around 1.6200. A clear break above that area would activate my bullish mode. 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! | | | | | | | |