GBP USD Technical Analysis January 23, 2019
The GBP rose 0.58% against the USD on Tuesday and closed at 1.2955. Today in the Europen session while preparing GBP USD technical analysis January 23, 2019 at 9:15 GMT, the GBP/USD is trading at 1.2988, which is 0.25% higher against the USD from yesterday’s close.
The pair is expected to find support at 1.2882 and a fall through could take it to the next support level of 1.2810 The pair is expected to find its first resistance at 1.3000, and a rise through could take it to the next resistance level of 1.3048. For today the expected trading range is between 1.2982, Support and 1.3048 Resistance.
The expected trend for today is Bullish
Supports Levels: Support 1: 1.2882 Support 2: 1.2810 Support 3: 1.2762
Resistance Levels: Resistance 1: 1.3000 Resistance 2: 1.3048 Resistance 3: 1.3122
GBP/USD Buying Opportunity for Intraday Trading January 23, 2019
Buy near the support area 1.2882 and 1.2810 as soon as you get reversal candlesticks using stop loss 4 pips below the reversal candlestick & keep target equal to stop loss.
GBP/USD Selling Opportunity for Intraday Trading January 23, 2019
Sell near the resistance area 1.3000 and 1.3048 as soon as you get reversal candlesticks patterns using stop loss 4 pips above the reversal candlestick & keep target equal to stop loss.
EUR/USD Technical Analysis January 23, 2019
USD/JPY Technical Analysis January 23, 2019
USD/CAD Technical Analysis January 23, 2019