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26.01.202106:10 Forex Analysis & Reviews: Forecast for GBP/USD on January 26, 2021

GBP/USD

Yesterday, the British pound tested support at 1.3648. So far it has been unsuccessful and there are several technical reasons for this; the signal line of the Marlin oscillator met the lower line of its own wedge on the daily chart; on the four-hour chart, the MACD line is located at this price level.

Exchange Rates 26.01.2021 analysis

But Marlin has penetrated the negative area in the four-hour chart, this is a sign that the price would overcome support at 1.3648, probably by today. The target for the decline is the 1.3480 level - the low on December 9 and September 1, 2020.

Exchange Rates 26.01.2021 analysis

*Phân tích thị trường được đăng tải ở đây có nghĩa là để gia tăng nhận thức của bạn, nhưng không đưa ra các chỉ dẫn để thực hiện một giao dịch.

Laurie Bailey,
Chuyên gia phân tích
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