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GBPUSD Technical Analysis Forecast Monday, January 16, 2017

ForexZig.com January 16, 2017

GBPUSD Technical Analysis

In the Sunday, January 15, 2017 currency pair GBPUSD started the session at 1.21567 and ended at 1.21786.

Daily top rate was 1.22324 and daily bottom level was 1.21208.

During the Asian trading the pair GBPUSD started the session at 1.21567 and ended at 1.21539. Asian high was 1.21732, Asian low was 1.21393.

During the European trading the pair GBPUSD started the session at 1.21606 and ended at 1.22199. European high was 1.22277, European low was 1.21533.

During the US trade session the pair GBPUSD started trading at 1.21731 and ended at 1.21973. US top price was 1.22247, U.S. low was 1.21208.

GBPUSD Monday, January 16, 2017 Daily analysis for GBPUSD

Support Resistance levels for today

S3 S2 S1 Pivot R1 R2 R3
1.20105 1.20657 1.21221 1.21773 1.22337 1.22889 1.23453

GBPUSD Forecast

We expect short-term shift at -0.00031 and a long-term change at -0.00446 or our forecast is downtrend and to reach 1.2134.

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