AlgoVenture

GBPUSD: Weekly Forecast 16th January 2022

Long
FX:GBPUSD   British Pound / U.S. Dollar
GBPUSD has remained bullish every week consistently for almost a month now and is showing no sign of stopping just yet.

The price has now broken above the top of a 7-month falling channel and more bulls will be expected going forward.

This week, we will continue to look for buying opportunities on every pullback with 1.3630 as the key demand level for an entry for now.
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