GBPUSD This Week 21 ~ 25 January: US Dollar Slide Helps Pound for 3 Months High

The sliding green back helps British Pound to reach three month high of $1.32171 and close at $1.31951.

The DXY slidded to 95.81, the lowest this week. The depressed US Dollar, consolidating below key short-term support level of 96.00, signaling that the slide could go on over the next few sessions. The US Dollar pressured by govt stand on its shutdown.

The British Pound reached its highest close in three months and fifth time out of last four days.

This week January 21 ~ 25
  Open: 1.28733
  High: 1.32170
  Low: 1.28310
  Close: 1.31951
Swing: +0.03218 (+2.50%)

GBPUSD chart, showing strengthening British Pound and sliding US Dollar
GBPUSD 21 ~ 25 January 2019



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