GBP/USD was down this week, falling almost 200 pips, before recovering somewhat to end the week at the 1.53 level. The upcoming week is a busy one, with seven releases. Here is an outlook for the upcoming events, and an updated technical analysis for GBP/USD.
British QE expansion is likely in February, and more and more QE means more money printing and this eventually takes its toll in devaluing the currency.
GBP/USD graph with support and resistance lines on it. Click to enlarge: Read the rest of the article [B][I][URL="http://www.forexcrunch.com/gbpusd-outlook-jan-16-20/"]GBP/USD Outlook Jan. 16-20[/URL][/I][/B]
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