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20.01.202004:44 Forex Analysis & Reviews: GBP/USD IPDA 60 Days Premium-Discount Array For Jan 20, 2020

Long-term review
This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

Exchange Rates 20.01.2020 analysis

It seems Cable is on the way to the Daily Chart SELL Side Liquidity Pool at 1.2904. However, first this pair must break out and close bellow the Daily Chart SELL Side Liquidity Pool 1.2953 as long the GBP/USD will not break out and close above the 4 Hour Chart BUY Side Liqudity Pool 1.3118 then Cable still moving in a Market Maker SELL Side Mode in Low Resistance Liquidity Run condition.

For today GBP/USD bias base Interbank Price Delivery Algorithm (IPDA) still bearish.

(Disclaimer)

Arief Makmur
Analytical expert of InstaForex
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