abhivik

GBPUSD Weekly forecast 22 January onwards

Long
FX:GBPUSD   Livre sterling / Dollar américain
Last week, GBPUSD reached our first target and got a pullback and came very close to a major support at 1.2855
In the coming week, if we continue the price pullback till 1.2855 price zone, we can start looking for bullish opportunities with our target set at 1.3123

Considering the weakness in EURUSD and strength is GBPUSD for the coming week, we can anticipate that EURGBP will be making a move down and the obvious trade should not be missed.
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