GBPUSD Daily Forecast: February 19 - Forex
International Business Times
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By swibowo | February 19, 2013 5:49 PM EST

Fx Instructor

GBPUSD Forecast

The GBPUSD was indecisive yesterday but overall still able to maintain its bearish bias. There are no changes in my technical outlook. The bias remains bearish in nearest term testing 1.5400 or lower. Immediate resistance remains around 1.5550. A clear break above that area could lead price to neutral zone in nearest term testing 1.5600 but overall I still prefer a bearish outlook as a part of the false breakout bearish scenario.

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