DAILY FOREX TRADING OUTLOOK FOR 18-19/02/2019.

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GBP/USD retraced on Friday after bullish pressure.There is perfect horizontal resistance ahead around 1.29573-1.29248.We anticipate a bearish setup in this region as not as the bearish bar that started this moves is not violated. The next key support is around 1.26925.

EUR/USD consolidate throughout last week without any substantial setup.The was alose below 1.3006 support zone.We are keenly watching how this pair will behave at the next support zone at 1.12168.

NZD/JPY formed a small bullish pinbar at key Horizontal resistance zone.The next resistance level can be seen at 76.865.

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