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GBPUSD Daily Forecast: December 10
Monday, January 4, 2016 10:07
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GBPUSD Forecast
The GBPUSD had a significant bullish momentum yesterday slipped above the trend line resistance as you can see on my H1 chart below suggests a potential bullish reversal scenario. The bias is bullish in nearest term testing 1.5335 area. Immediate support is seen around 1.5150. A clear break back below that area could create a false breakout scenario testing 1.5100 or lower.
Source: http://fxinstructor.com/blog/gbpusd-daily-forecast-december-10-6
