GBPUSD Daily Forecast: January 28

By @ibtimes on

GBPUSD  Forecast

The GBPUSD was volatile but indecisive yesterday. Price attempted to push higher but 1.6000 resistance area did a good job so far preventing further upside pressure, confirms my range/sideways intraday outlook. There are no changes in my daily technical outlook and strategies and aggressive intraday traders can short around 1.6000 or long around 1.5780/50 with tight stop loss. We need a clear break on either side to see clearer direction and might need to wait until next week to see that happen.

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