GBP/USD analysis for January 16, 2019 888011000 110888 Recently, the GBP/USD pair has actually been very volatile in the last 24 hours due to the Brexit news. I discovered that sellers and purchasers agreed to operate in a range within 1.2895( resistance )and 1.2835 (assistance ), which is a sign that market is in the balance regime. My advice is to expect a possible breakout of resistance to confirm more upward continuation. I also found really strong need in the background and aggressive purchasers. Trading suggestions for today: We will purchase GBP/USD at 1.2910 with the targets at 1.2960 and 1.3040. The material has been supplied by InstaForex Business-www.instaforex.com

By | January 16, 2019

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