GBPUSD Daily Forecast: January 09

GBPUSD Forecast
The GBPUSD was indecisive yesterday. The bias remains neutral in nearest term. Price is still trapped between the range area as you can see on my daily chart below and we need a clear break from that range area to see clearer direction. Overall I remain bullish but need a clear break above 1.3615 key resistance to resume the major bullish trend testing 1.3835 region. On the downside, a clear break and daily close below 1.3495 could trigger further bearish pressure testing the trend line support and 1.3330 area.