Technical Analysis : GBP/USD 18 January 2023

Forex Technical Analysis : GBPUSD

Date : 18 January 2023

Pivot point : 1.2245

Our preference : long positions above 1.2245 with targets at 1.2300 & 1.2330 in extension.

Alternative scenario : below 1.2245 look for further downside with 1.2220 & 1.2190 as targets.

Comment : the RSI shows upside momentum.

Supports and resistances :

1.2360 **
1.2330 *
1.2300
1.2284 – Last price
1.2245
1.2220 *
1.2190 **

Warning : This information isn’t a buy-sell signal.

Source : Trading Central

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