GBPUSD Daily Forecast: January 14 2016

The GBPUSD was indecisive yesterday but overall still able to maintain its bearish bias so far. The bias remains bearish in nearest term testing 1.4350 before targeting 1.4250 area. Immediate resistance is seen around 1.4450. A clear break above that area could lead price to neutral zone in nearest term testing 1.4500 region which is a good place to sell with a tight stop loss.