GBPUSD Daily Forecast: January 07

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By swibowo | January 7, 2014 4:21 PM EST

Fx Instructor

GBPUSD Forecast

The GBPUSD was indecisive yesterday. The bias is neutral in nearest term. Important intraday range to be closely watched is seen between 1.6435 – 1.6335.  A clear break above 1.6435 could trigger further bullish pressure testing 1.6475 or higher. On the other hand, a clear break below 1.6335 could trigger further bearish pressure testing 1.6300 – 1.6259 key support area.

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