GBPUSD Daily Analysis – January 9, 2019

GBPUSD failed to break above 1.2814 resistance and pulled back from 1.2796. However, another rise to test this resistance is possible after a minor consolidation, above here would aim 1.2900 area. Support is at 1.2700, below this level could bring the price back towards 1.2550.

GBPUSD 4-hour chart