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The GBPUSD forecast update 23-01-2025

By Published On: January 24, 20250.5 min readViews: 1770 Comments on The GBPUSD forecast update 23-01-2025

Natural gas price kept its stability within the bullish channel that its major support line located at 3.680$, to notice renewing the positive action by targeting 4.030$ barrier now, which formed the first target for the recent bullish overview.

 

Now, stochastic exit from the oversold areas will reinforce the chances of gathering the positive momentum to manage to surpass the current barrier and achieve additional gains by rallying towards 4.220$ followed by reaching the bullish channel’s resistance line at 4.420$.

 

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The expected trading range for today is between 3.920$ and 4.220$

 

Trend forecast: Bullish




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