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GBP/USD – getting close to psychological price line

GBP/USD is moving towards a support line. Because we have seen it retrace from this level in the past, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 11 days and may test it again within the next 3 days.

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GER30 is approaching the resistance line of a Resistance. It has touched this line numerous times in the last 59 days.

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We expect a $50 movement on AUDUSD within 2 hours following the event release at 20 Jan 23:30.

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