GBP/USD Technical Analysis

The price is adjustng.

Technical Analysis
24. 1. 2019

Since the beginning of today's trading session the dollar index returned above the level of 96.00 and shows a moderate growth, rising to the maximum values ​​of the current month.

In the UK today we do not expect a release of any macroeconomic data. The growth of the British pound over the past couple of days was facilitated by investors' optimism that there would be no hard Brexit and bullish sentiments returned for the pair.

At the moment, the pair was able to overcome the 1.30 mark, gain a foothold above and found the resistance level at the 1.3080 mark. The pair continues to be in the upper Bollinger band and currently the price is being adjusted.

We believe that the upward movement will continue after the completion of the correction, which we expect may reach the levels of 1.3010 and 1.2975.

Therefore, we advise you to look for points to enter long positions for the pair from the above levels.

Aleksandr Yakovenko

Technical Analysis

EUR/GBP Technical Analysis & Daily Chart

The euro is very weak at the moment, so the bearish movement dominates.

Anna Sneider
24. 1. 2019

Technical Analysis

GBP/USD Technical Analysis

The USD is losing its position.

Dmitry Levchenko
23. 1. 2019

Technical Analysis

EUR/USD Technical Analysis & Daily Chart

EUR/USD Technical Analysis & Daily Chart

SuperForex
13. 11. 2018