empty
 
 
pt
Suporte
Abertura instanânea da conta
Plataforma de negociação
Depósito/Retirada

21.01.202505:12 Forex Analysis & Reviews: Forecast for GBP/USD on January 21, 2025

Relevance up to 22:00 2025-01-21 UTC--5

The initial attempt to push GBP/USD below 1.2186 was hindered by a speculative spike of 180 pips following Donald Trump's inauguration.

Exchange Rates 21.01.2025 analysis

However, strategically, nothing has changed. The price still has not reached the target level of 1.2367, and the Marlin oscillator remains far from entering positive territory. The correction could extend to 1.2510 without the danger of breaking the downtrend. At this stage, we anticipate a return below 1.2186, which would strengthen the bears' positions and pave the way toward the 1.2036 target.

Exchange Rates 21.01.2025 analysis

On the H4 chart, the price has consolidated above the balance and MACD lines, while the Marlin oscillator shows signs of potentially reversing back below the zero line. It is essential to wait for the price to consolidate below 1.2186 (and also below the MACD line) to re-establish the previous stability of the downward trend.

*A análise de mercado aqui postada destina-se a aumentar o seu conhecimento, mas não dar instruções para fazer uma negociação.

Laurie Bailey,
Analytical expert of InstaSpot
© 2007-2025
Benefit from analysts’ recommendations right now
Top up trading account
Open trading account

InstaSpot analytical reviews will make you fully aware of market trends! Being an InstaSpot client, you are provided with a large number of free services for efficient trading.

Não pode falar agora?
Faça sua pergunta no chat.