Forecasts

GBPUSD Daily Forecast: January 18

18 January 2016, 10:23
Lahcene Ouled Moussa
Lahcene Ouled Moussa
0
152
  • The GBPUSD continued its bearish momentum last week bottomed at 1.4251. The bias is bearish in nearest term testing 1.4200 – 1.4150. Immediate resistance is seen around 1.4300 – 1.4350 which is a good place to sell. It’s been a long bearish run for the pair but technically I don’t see potential bullish correction signal so far.