GBPUSD Daily Forecast Jan 09 2015

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Uk min
Uk min

Outlook in GBPUSD has turned neutral at the moment , a short term support has been printed at the 1.5033 levels . and further upside couldn’t be ruled out towards the 1.5200 levels , If seen , a halt is strongly suggested , but a break will extend recovery towards the 1.5318 levels before the next fall..

On the downside , support comes at the 1.5033 levels , losing this level is needed to resume the downward trend , If seen , a lower leg below the 1.5000 is suggested , next support comes at the 1.4900 levels ahead of the 1.4800 levels.

In all, the GBPUSD is likely to consolidate within 1.5033/1.5200 range before the next move , above the 1.5200 levels will open 1.5318 levels while below 1.5033 levels will open 1.4900/1.4800 levels …

 

GBPUSD Daily Forecast Jan 09 2015

MARKET DATA

UPCOMING ECONOMIC EVENTS