GBPUSD Trends in 23rd January (updated) ~ forex trading courses mumbai
Important Trading Mark is 1.5885
From last two days you seen that GBPUSD pairs continue trading lower. The main resistance zone of GBPUSD is 1.5885 level at the point . And Short term support is 1.5820. Last 4 Hours Charts showing that pairs has good volume buyers at the support zone.And above Chart reflecting that it now trading in bullish territory . Just need to cross 1.5885 level . Then it may go towards 1.5925 even 1.5950.
If the pairs not able to break 1.5890 mark it may down again and may go towards 1.5820, 1.5800 level.
So carefully trade. Happy trading
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