British Pound / U.S. Dollar

Short

Updated

💡 GBPUSD: Forecast January 19

The price has recovered after buyers returned to around the 1.26 support level. Temporarily, the bullish structure still holds although the price has not created a new peak in more than a month. Reiterating that the bullish signal has reappeared (bullish engulfing pattern), you can continue to hold your existing long positions and still place SL below the 1.26 resistance level.

Note

💡 GBPUSD: Forecast January 22

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💡 EURUSD: Analysis January 17

💡Gold: Rises in Asian Session on Technical Correction

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💡 XAUUSD: Analysis January 19

💡 EURUSD: Analysis January 19

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Related publications

💡 EURUSD: Analysis January 17

💡Gold: Rises in Asian Session on Technical Correction

💡 GOLD: Can gold maintain the 2000 USD mark?

💡 XAUUSD: Analysis January 19

💡 EURUSD: Analysis January 19

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.