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| GBP/USD Daily Forecast
Mon, November 17 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 continued its bearish momentum last week bottomed at 1.5591 but closed a little bit higher at 1.1.5668. The bias is neutral in nearest term but overall I remain bearish targeting 1.5500 area. Immediate resistance is seen around 1.5700. A clear break above that area could trigger further bullish correction testing 1.5780 - 1.5800 region. 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! | | | | | | | |