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16.01.202504:52 विदेशी मुद्रा विश्लेषण और समीक्षा: Forecast for GBP/USD on January 16, 2025

On Wednesday, the British pound displayed increased volatility, with the daily candle's shadows testing the boundaries of the current consolidation range at 1.2186–1.2294. By the end of the day, the pair closed with a modest gain of just 22 pips. However, the Marlin oscillator suggested a potential downward reversal.

Exchange Rates 16.01.2025 analysis

If the price closes below 1.2186 during a daily session, it will open the path toward 1.2036. Conversely, if the daily close is above 1.2294, the upward movement is likely to continue toward 1.2367.

On the H4 chart, the price rose above the MACD line yesterday but then sharply reversed at the confluence of the 1.2294 resistance target and the balance line of the indicator.

Exchange Rates 16.01.2025 analysis

After settling below the MACD line, this breakout is considered false, indicating a potential decline. For confirmation, the price must consolidate below 1.2186, which would open the path toward 1.2036.

*यहां पर लिखा गया बाजार विश्लेषण आपकी जागरूकता बढ़ाने के लिए किया है, लेकिन व्यापार करने के लिए निर्देश देने के लिए नहीं |

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