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FX.co ★ GBP/USD analysis for January 31, 2019

GBP/USD analysis for January 31, 2019

GBP/USD analysis for January 31, 2019

R1: 1.3156

R2: 1.3197

R3: 1.3248

Pivot: 1.3105

S1: 1.3065

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S2: 1.3013

S3: 1.2970

Trading recommendation: We closed half of the position at the first target 1.3151 but second half of the positions is still active with the target at 1.3211 (weekly high). Stop loss on second half of the position is moved on breakeven.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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