JakeSummers4x
Short

GBPUSD - Weekly outlook

FX:GBPUSD   British Pound/U.S. Dollar
59 0 1
This pair could go either way for me.

Based on my analysis on AUDUSD             , and the positive correlation with GBPUSD             , i'd say we're in for more selling down to 1.4000 and 1.3500 before we see a true reversal.

Price action on the H4 is also bearish .

Paying close attention to the Daily Inside Bar and major news releases next week (first week in February).
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