British Pound / U.S. Dollar
Long
Updated

💡 GBPUSD: Forecast January 22

1031
ANALYSIS TODAY: GBPUSD stalled during the weekend session, still stuck in range. Reiterating that although it was not possible to make a higher high in the past 1 month, the bullish signal has reappeared (bullish engulfing pattern), you can continue to hold the existing long positions and still place SL is below the 1.26 resistance level.

Indicator is used:
- Chandelier Exit
- EMA
- MACD
Note
RUNNING
Note
Don't break trendline

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.