empty
 
 
24.01.2025 04:34 AM
Forecast for GBP/USD on January 24, 2025

On Thursday, the GBP/USD pair once again tested the resistance level at 1.2367. However, today the price has begun the session with a decline. The signal line of the Marlin oscillator has reached the edge of the growth territory, increasing the likelihood of a reversal from the neutral line.

This image is no longer relevant

The Fibonacci time zones drawn from the peak on December 6 suggest a high probability of a downward price reversal near the 8th line, which could occur either today or on Monday. Today, the UK PMI indices for January are scheduled for release, while on Monday, we will see the US new home sales data for December. Key targets for a potential decline include 1.2186 and 1.2036.

This image is no longer relevant

On the four-hour chart, the price remains above the balance and MACD indicator lines. The Marlin oscillator is consolidating above the boundary of the downtrend territory and is currently in a reactive state. The first challenge for sellers (bears) is anticipated to be at the MACD line, located around 1.2250.

The UK PMI data is expected to be released at 9:30 AM London time, with forecasts pointing to a potential decline. Later, at 2:45 PM London time, US PMI data will be announced, with forecasts suggesting an improvement in business sentiment.

Gana con los cambios en el valor de las criptomonedas con InstaForex.
Descarga MetaTrader 4 y abre tu primera operación.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    UNIRSE AL CONCURSO
  • Depósito al azar
    ¡Haga un depósito en su cuenta de $3,000 y obtenga $10000 más!
    ¡En Enero, sorteamos $10000 dentro de la campaña Depósito afortunado!
    Obtenga la oportunidad de ganar depositando $3,000 en una cuenta de operaciones. Tras haber cumplido esta condición, se convertirá en un participante de la campaña.
    UNIRSE AL CONCURSO
  • Opere de forma inteligente, gane un dispositivo
    Recargue su cuenta con al menos $500, regístrese en el concurso y tenga la oportunidad de ganar dispositivos móviles.
    UNIRSE AL CONCURSO
  • 100% de bonificación
    Su oportunidad única de obtener un bono del 100 % en su depósito
    OBTENER BONO
  • 55% de bonificación
    Solicite un bono del 55% en cada depósito
    OBTENER BONO
  • 30% de bonificación
    Reciba un bono del 30% cada vez que recargue su cuenta
    OBTENER BONO

Recommended Stories

¿No puede hablar ahora mismo?
Ingrese su pregunta en el chat.
Widget callback