GBPUSD Daily Forecast: October 10 - Forex
International Business Times
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By swibowo | October 10, 2012 6:21 PM EST

Fx Instructor

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.

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