GBPUSD - 22 Jan - trendline and reduced response

22 Jan

GBPUSD trend forecast January 22, 2025

GBP/USD experienced volatile movement on Tuesday, initially declining and then rebounding in line with global shifts in US Dollar flows. The British Pound reacted to mixed labor market data from the UK, though these figures were met with skepticism by the UK’s labor department. Meanwhile, in the US, President Donald Trump moved away from his earlier campaign promises of implementing broad tariffs on all trade partners on his first day in office. Instead, he directed more specific tariff threats toward North American neighbors Canada and Mexico.

GBPUSD moves in a slight uptrend - touches the trendline and the sell liquidity zone

/// SELL GBPUSD : zone 1.23600 - 1.23750

SL: 1.24100

TP: 40 - 70 - 150pips ( 1.22250 )

Safe and profitable trading

22 Jan

Dagangan aktif

+ 25 pips , great signal SELL GBPUSD ( 1.23600 - 1.23750 )