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GBPUSD Daily Forecast: February 16
Wednesday, February 15, 2017 19:32
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GBPUSD Forecast
The GBPUSD was indecisive yesterday. Price attempted to push lower, bottomed at 1.2383 but closed higher at 1.2451. The bias is neutral in nearest term probably with a little bullish bias testing 1.2500 – 1.2550 resistance area. Immediate support is seen around 1.2440. A clear break below that area could trigger further bearish pressure testing 1.2400 – 1.2350 area. Overall I remain neutral.
Source: http://fxinstructor.com/blog/gbpusd-daily-forecast-february-16-6
