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| GBP/USD Daily Forecast
Thu, November 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 regained its bearish momentum yesterday, bottomed at 1.5774 and hit 1.5758 earlier today. The bias is bearish in nearest term testing 1.5750 support area. A clear break below that area could create further bearish scenario testing 1.5500 region. Immediate resistance is seen around 1.5830. A clear break above that area could lead price to neutral zone in nearest term but any upside pullback now is normal and overall I remain bearish. 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! | | | | | | | |