GBPUSD Daily Forecast: January 29 - Forex
International Business Times
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By swibowo | January 29, 2013 7:21 PM EST

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GBPUSD Forecast

The GBPUSD continued its bearish momentum yesterday bottomed at 1.5673. The bias remains bearish in nearest term testing 1.5600. Immediate resistance is seen around 1.5750. A clear break above that area could lead price to neutral zone in nearest term testing 1.5800 but only a clear break above 1.5900 could interrupt the bearish outlook after the false breakout above 1.6300.

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