GBPUSD – The currency pair remains in the overbought area

17.01.2022

GBPUSD four hour chart. The currency pair is holding above the level of 1.3672 (8/8) and remains in the overbought area. Therefore, as a priority, we continue to consider the scenario with the growth of quotations towards the upper border of the overbought area 1.3794 (+2/8).

Decisions: buy 1.3650 take profit 1.3733.