Daily Analysis 17/1/2022

DAILY ANALYSIS

Traders can follow economic events or news which may affect the trend of this pair, to adjust on trade position.

 

DAILY GBP/USD

Support & Resistance: R1: 1.373
From the daily chart, the price has reached the long term resistance level, and it begins to fall. Traders can trade short position here.

 

TRADING TIPS


Short Position

1.366

1.356

1.371