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GBPUSD Forecast
The GBPUSD continued its bearish momentum yesterday bottomed at 1.5975. There are no changes in my technical outlook. The bias remains bearish in nearest term testing 1.5950 – 1.5900. Immediate resistance is seen around 1.6050. A clear break above that area could lead price to neutral zone in nearest term testing 1.6100.
2012-10-10 07:28:36
Source: http://www.fxinstructor.com/blog/gbpusd-daily-forecast-october-10-2