Personal offer with profitability from +100%
More details

Forex forecast GBP/USD for a week, currency rate on January 25-29

The GBP USD rate forecast for the week 01/25/2021 - 01/29/2021 is being prepared at the British pound rate of 1.3680.

The currency pair is still in an uptrend within the channel. GBP / USD quotes are located above the Ichimoku cloud indicator, which also confirms the upward trend for the currency pair.

A serious resistance level will be 1.3800. This is a strong Fibonacci extension level, as well as the upper border of the channel, beyond which the pound rate has not gone beyond 3 months.

In case of breaking through the resistance level and fixing the GBP USD forex quotes above 1.38, the currency pair will strive to fulfill the long-term forecast, with the goal of 1.4220

Support levels are short-term 1.3640 and medium-term 1.3420.

Forex forecast GBP/USD

No strong news is planned on Monday, January 25, therefore, at the beginning of the week, trends in GBP / USD will develop as part of technical analysis. Tuesday morning - news on average wages, as well as unemployment. This may partially affect intraday trading.

A short-term rollback to the support area is not excluded, with a further continuation of the growth of the GBP / USD rate within the upward channel.

Thus, Forex forecast for the British pound GBP / USD for the week of January 25-29, 2021 assumes a short-term rollback to the support area and continued growth of the GBP USD currency pair.

Heading:

Leave a Reply

Your email address will not be published. Required fields are marked *

Online charts

Forex charts

Cryptocurrency charts

Exchange commodities

Stock indices

Forex brokers rating

FinmaxFX
Amarkets

Popular posts

[wpp header_start='

' header_end='

' range='last7days' thumbnail_width=150 thumbnail_height=90 stats_views=0 limit=5 order_by='views']

Last notes

Popular tags

Comments

Recent Comments

    ABOUT THE PROJECT

    Real-time charts and quotes: Forex currency pairs, cryptocurrencies, stock charts, online commodity charts. Forecasts for tomorrow. If you want to know the forecast of the cost of cryptocurrency for tomorrow, for the week ahead - follow our forecasts, subscribe to the telegram channel. By using the site, you agree to the terms of our User Agreement. Any use of site materials without the written permission of the administration is prohibited. In case of violation of these requirements, the site administration reserves the right to protection in accordance with applicable law.
    The fact of opening positions in financial markets is not a guarantee of profit. You may not only earn nothing, but also lose money. The site owner is not responsible for the results of your decisions. We only provide you with information (for comparison and objective decision-making) about the prospects for changing the rates of a particular financial instrument, you make the final choice yourself. The content of the site is for informational and reference purposes only and is not a recommendation or offer.
    © 2021 chartsforecasts.com Copying of site materials is prohibited.
    menu-circlecross-circle