GBPUSD Analysis 30.01.2019

The GBPUSD traded with a notable bearishness yesterday evening to break the 1.3126 level and settle below it, opening the way for the bearish bias to continue in the coming sessions, and we expect the pair to test the 1.2962 area before resuming the upside move again.

Therefore, the bearishness will be likely for today, noting that a breach of 1.3126 will reactivate the bullish scenario which starts at 1.3226 and extends to 1.3363 after breaching the previous level.

The trading range for today is expected among 1.2980 support and 1.3170 support.

The expected general trend for today: temporarily bearish.