gbpusdTrading Outlook

GBPUSD/WEEKLY FORECAST/IMPORTANT TRADING LEVELS. FROM: JAN, 20.2020 TO JAN, 24,2020

Brexit on the spot!

Though the Brexit bill has been passed initially there are lot of hurdles coupled with the Brexit and we expect volatility the week under consideration.

Finding Selling Opportunities!

Keeping in view the volatile condition with regard to the fundamental fronts we expect to bit plunging as far as this pair is concerned.

Preferred view!

Therefore we view to find the selling opportunity so our view is to sell below. 1.32105/1.30561 zone. with the stop loss of 1.32673 for the target of 1.27881/1.25926 zone.

Alternative Scenario!

On the other hand, a break of 1.32673 would open the ways of 1.33808/1.35321 zone.