GBPUSD Daily Forecast: December 19

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By swibowo | December 19, 2013 7:49 PM EST

Fx Instructor

GBPUSD Forecast

The GBPUSD had a bullish momentum yesterday topped at 1.6484 but closed lower at 1.6389. The bias is bullish in nearest term testing 1.6500. Immediate support is seen around 1.6340. A clear break below that area could lead price to neutral zone in nearest term testing 1.6300. On the downside, key support remains around 1.6259 which need to be clearly broken to the downside to interrupt the major bullish scenario.

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