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GBPUSD Daily Forecast: January 25

GBPUSD Forecast
The Gbpusd attempted to push lower yesterday bottomed at 1.2418 but whipsawed to the upside and closed higher at 1.2520. The bias is neutral in nearest term probably with a little bullish bias testing 1.2600/50 area. Immediate support is seen around 1.2490. A clear break below that area could trigger further bearish pressure testing 1.2420/00 area but overall I still prefer a bullish scenario at this phase targeting 1.2790 this week.

gbpusddaily



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GBPUSD Daily Forecast: January 25

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