GBPUSD Daily Forecast: February 20
GBPUSD Forecast
The GBPUSD had a strong and significant bullish momentum yesterday, broke above 1.3000 and the D1 EMA 200 following a bounce off 1.2800 support area as you can see on my daily chart below. This fact gives the bullish scenario another chance. The bias is bullish in nearest term testing 1.3150 – 1.3210 region. Immediate support is seen around 1.3000. A clear break and daily close back below that area could lead price to neutral zone in nearest term as direction would become unclear.
Source: https://fxinstructor.com/blog/gbpusd-daily-forecast-february-20-7
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