empty
 
 
19.01.2022 11:00 AM
GBP/USD analysis and outlook for January 19, 2022

Hi, dear traders!

Earlier today, a large economic statistics report was released in the UK. The CPI and retail prices data was stronger than expected.

Daily

This image is no longer relevant

On January 13, a gravestone doji bearish reversal pattern emerged on the daily chart, similar to EUR/USD - it is highlighted above. Bearish traders noted its appearance and pushed GBP/USD down. The strong technical level of 1.3750 also served as a major obstacle for the pair. During yesterday's downward movement, the pair broke below the red Tenkan-Sen line of the Ichimoku cloud, but stopped at the orange 200-day EMA line and closed below 1.3600. GBP/USD has repeatedly failed to return above this level so far, and today's candlestick with its upper shadow could turn bearish. If the pair continues to fall, the next target for bears would be the support 1.3572, which was also yesterday's intraday low. If GBP/USD breaks through 1.3572 and closes below it, the bearish scenario would be confirmed. However, if bullish traders manage to push GBP/USD above 1.3600, the pair would encounter strong resistance at 1.3636, where the red Tenkan-Sen line is located. A bearish reversal candlestick or a pattern near 1.3636 at daily or lower timeframes would serve as a signal for opening short positions. Traders are also advised to consider opening short positions once the pair is near 1.3620.

Good luck!

Dapatkan keuntungan dari perubahan nilai mata uang kripto dengan InstaForex.
Unduh MetaTrader 4 dan buka perdagangan pertama Anda.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    GABUNG KONTES
  • Chancy Deposit
    Isi akun Anda sebesar $3000 dan dapatkan $1000 lebih banyak!
    Pada April kami mengundi $1000 dalam promo Chancy Deposit!
    Dapatkan kesempatan untuk menang dengan melakukan deposit sebesar $3000 pada akun trading Anda. Setelah memenuhi persyaratan ini, Anda telah menjadi partisipan promo.
    GABUNG KONTES
  • Trade Wise, Win Device
    Top up akun anda dengan dana minimal $500, daftar kontes, dan dapatkan peluang untuk memenangkan perangkat seluler.
    GABUNG KONTES
  • 100% Bonus
    Kesempatan langka untuk mendapatkan bonus 100% pada deposit anda
    DAPATKAN BONUS
  • 55% Bonus
    Ajukan bonus 55% pada setiap deposit anda
    DAPATKAN BONUS
  • 30% Bonus
    Raih bonus 30% setiap kali anda top up
    DAPATKAN BONUS

Artikel yang direkomendasikan

Tidak bisa bicara sekarang?
Tanyakan pertanyaan anda lewat chat.
Widget callback