GBP/USD intraday technical levels and trading recommendations for January 29, 2015
Overview: On December 17, the market failed to express a bullish breakout above the upper limit of the daily bearish channel. Shortly after, an extensive bearish pressure was applied against the price levels of 1.5540-1.5560 on December 23. The daily closure below the recent bottoms established around 1.5540-1.5560 rendered the previous consolidation range as a […]