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Intraday forecastBritish Pound / US Dollar technical chart
SymbolGBPUSD
Release TimeJanuary 13, 2022 - 22:57
Advisebuy (limit) above S1=1.364
Intraday
Short term
Yesterday range50
Yesterday high1.3749
Yesterday low1.3699
Yesterday close1.3705
R31.378
R21.375
R11.3715
S11.364
S21.362
S31.3535
Trade setup

As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.364.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=1.3715.
TP4: R2=1.375.
Set the stoploss of these orders at breakout of S2=1.362.

Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=1.362.
In this situation, there is an expectation to reach the target S3=1.3535.
Set the stoploss of reverse orders at breakout of S1=1.364.

Latest forecasts
Release Time Symbol Intraday R S
Thu, Jan 20 2022, 21:24 GBPUSD Subscribe! Subscribers Only Subscribers Only
Wed, Jan 19 2022, 20:18 GBPUSD free 1.375
1.369
1.365
1.359
1.357
1.3485
Tue, Jan 18 2022, 23:01 GBPUSD Subscribe! Subscribers Only Subscribers Only
Mon, Jan 17 2022, 23:04 GBPUSD Subscribe! Subscribers Only Subscribers Only
Thu, Jan 13 2022, 22:57 GBPUSD Subscribe! Subscribers Only Subscribers Only