Wednesday, January 22, 2020

GBPUSD: Analysis based on 4H chart. Bear? 22-Jan-2020

CMP: 1.3049
Res: 1.3212/1.3284/1.3515
Sup: 1.2950/1.2900
Small Resistances: 1.3089/1.3121

As long as 1.3089 resists and a break of 1.2955, we can see more fall towards 1.2930-1.2920 initially.
Further targets: 1.2843-1.2810, [[1.2758--1.2680-1.2634-1.2615 (ultimate target)]], Further 1.2581-1.2550, 1.2435-1.2413...

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PREVIOUS ANALYSIS https://rajtechanalysis.blogspot.com/2021/06/goldxauusd-analysis-june-2021.html Long term analysis included in the above p...