GBPUSD Daily Forecast Dec 30 2014

Uk min
Uk min

Outlook in GBPUSD remains on the downside as long as 1.5572 resistance holds on a daily closing basis , support comes at the 1.5485 levels , a cut would open 1.5400 levels , a halt is likely but losing the 1.5400 levels would open 1.5300 next , further down will aim the 1.5185 levels.

On the upside , resistance comes at the 1.5572 levels , break of the 1.5572 levels on a daily closing basis will put the pair in recovery mode , but recovery above the 1.5572 levels should be limited by the 1.5681 levels where fall resumption is likely , however ; If 1.5681 is taken out on a daily closing basis , further gains will be in sight towards the 1.5785 levels…

In all , as long as 1.5572 resistance holds on a daily closing basis , outlook in GBPUSD remains on the downside towards the 1.5485 levels ahead of the 1.5400 levels , above 1.5572 will bring rebound towards the 1.5681 levels before the next possible fall !!!!!!!

 

GBPUSD Daily Forecast Dec 30 2014

MARKET DATA

UPCOMING ECONOMIC EVENTS