GBPUSD Daily Forecast: January 30

GBPUSD Forecast

The GBPUSD was corrected higher yesterday topped at 1.5772. The bias is neutral in nearest term probably with a potential minor upside pullback testing 1.5800/30. A clear break and daily close above that area could trigger further bullish pressure testing 1.5900. On the downside, we need a clear break at least back below 1.5700 to keep the false breakout bearish scenario remains strong testing 1.5600 region.