Technical Analysis : GBP/USD 21 January 2022

21 January 2022 Analysis (Forex, CFDs, Cryptocurrency)Currency PairsGBP/USD

Forex Technical Analysis : GBPUSD 21 January 2022

Forex Technical Analysis : GBPUSD

Date : 21 January 2022

Pivot point : 1.3620

Our preference : short positions below 1.3620 with targets at 1.3570 & 1.3550 in extension.

Alternative scenario : above 1.3620 look for further upside with 1.3640 & 1.3660 as targets.

Comment : as long as 1.3620 is resistance, look for choppy price action with a bearish bias.

Supports and resistances :

1.3660 **
1.3640 *
1.3620
1.3596 – Last price
1.3570
1.3550 *
1.3530 **

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

Source : Trading Central

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