Technical Analysis : GBP/USD 25 January 2022

Forex Technical Analysis : GBPUSD

Date : 25 January 2022

Pivot point : 1.3500

Our preference : short positions below 1.3500 with targets at 1.3460 & 1.3440 in extension.

Alternative scenario : above 1.3500 look for further upside with 1.3530 & 1.3555 as targets.

Comment : a break below 1.3460 would trigger a drop towards 1.3440.

Supports and resistances :

1.3555 **
1.3530 *
1.3500
1.3476 – Last price
1.3460
1.3440 *
1.3420 **

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

Source : Trading Central

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