GBPUSD Daily Forecast Jan 13 2016

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Outlook in GBPUSD remains on the downside as long as 1.4515 resistance holds on a daily closing basis, support comes at the 1.4350/1.4303 levels, a halt is likely, but a cut would open 1.4057 next, further down, support comes at the 1.3787 levels.

On the upside, resistance comes at the 1.4515 levels,¬†above 1.4515 faces a recovery risk towards the 1.4645 levels before the next fall…

Conclusion: The GBPUSD continues to face downside threats below the 1.4515 levels…

 

GBPUSD Daily Forecast Jan 13 2016

MARKET DATA

UPCOMING ECONOMIC EVENTS