GBP/USD Forecast | Daily Technical Forecast for January 20, 2017

[xtreamforex]

GBP/USD Technical Support and Resistance

GBP/USD pair possibly will find the immediate support at 1.2276. If, market breaks the first support then it will go for the following support to test.
Following supports are 1.2255 and 1.2958
On the other side the market has immediate resistance 1.2348. If, market breaks the primary resistance level then,
market will go for the new resistance level 1.2369 and 1.2405.Looking ahead to today,
we have the retail sales data from the UK which will be released during the London session and we believe that the data would continue the trend of strong data coming out of the UK in recent

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