GBPUSD Daily Forecast: October 31 - Forex
International Business Times
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By swibowo | October 31, 2012 6:21 PM EST

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GBPUSD Forecast

The GBPUSD failed to continue its bearish momentum yesterday and hit 1.6086 earlier today. The bias is bullish in nearest term testing 1.6100/50 area. Immediate support is seen around 1.6050. A clear break below that area could lead price to neutral in nearest term testing 1.6000 – 1.5990. My medium term outlook remains neutral/unclear.

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