NEWS: GBPUSD price is falling -0.6% as the US Dollar reacts positively to a possible appointment of Kevin Warsh as new Fed Chair.
Possible Scenarios:
If GBPUSD fails to breach through S1 of 1.36967, our Research Department expects the GBPUSD to undergo a short- term upward correction.
If GBPUSD manages to break below its S1 of 1.36967, our Research Department expects the GBPUSD to extend its losses to its S2 of 1.3659
Support and Resistance Levels:
|
GBPUSD |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
|
1.36213 |
1.36590 |
1.36967 |
1.37470 |
1.37973 |
1.38350 |
1.38727 |
Potential Profit or Potential Loss Calculations:
|
10 pips per 1 trading lot* |
USD |
EUR** |
GBP*** |
||
|
(+/-) $100 |
(+/-) €83.95 |
(+/-) £72.77 |
|||
*1 trading lot is equivalent of 100.000 units
**EUR/USD = 1.19122
***GBP/USD = 1.37411
Calculations for exchange rate used as of Friday, January 30, 2026, 9:50: GMT