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GBPUSD 19.01.2021
Overview:
Prices are moving in a short-term uptrend
Expected:
The pair is approaching a strong resistance level around 1.3615, which enhances the downside chances during the day's trading to 1.3550
Alternative Scenario:
On the other hand, we think that in the event of a break of 1.3615 to the upside, this pair might push further to the upside to 1.3680.
| Resistance | 1.3615 | 1.3630 | 1.3665 |
| Support | 1.3550 | 1.3520 | 1.3500 |
Disclosure of risk: Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.
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