Monday, January 26, 2015

GBP/USD Daily Outlook

A temporary low is in place at 1.4950 and intraday bias is turned neutral first. With 1.5268 resistance intact, near term outlook stays bearish for deeper fall. Current decline should extend to next key support level at 1.4813. Meanwhile, break of 1.5268 will indicate short term bottoming and bring stronger rebound.



Continue Read...

0 comments:

Post a Comment

Site Search