GBPUSD Forex Analysis for Today, Monday (29-01-2024)
Visit www.bigrebate-fx.com for more information.
Consistently Sideways! Opportunity to Bounce GBPUSD
Daily Analysis GBPUSD
Dollar Stable, Plenty of Important Data This Week
The US dollar starts this week fairly stable. Market participants await plenty of important economic data this week, including the Fed’s interest rate decision and US Non-farm Payrolls.
Price Moving in Channel Area
GBPUSD is moving within an up channel, currently observed in the lower channel area. Watch the support for confirmation of buy signals.
Prediction: STRONG GBPUSD
Trade Plan:
Resistance
- R1 1.26850
- R2 1.26450
- R3 1.27000
- R4 1.27250S
Support
- S1 1.26450
- S2 1.26850
- S3 1.26250
- S4 1.26000
Disclaimer: This publication of analysis is a form of marketing communication and does not represent any research or investment advice whatsoever. The content contained therein reflects the general views of our experts and is not related to the personal conditions, investment experiences, or financial situations of the readers. This analysis is also not intended to promote any independent investment body, and Exness is not obliged to prohibit any transactions before the release of the analysis. Readers should be cautious about the potential for losses that may occur. Exness South africa is not responsible for any losses that may arise from the use of this analysis.
forex analysis | gbpjpy forecast | eur chf forecast | gbp usd forecast | best forex prediction site | top down analysis forex | gbp usd forecast | xau usd forecast