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GOLD + GBPJPY Week Ahead Analysis 15th January


Gold Weekly Analysis

Gold Weekly chart 15th jan

Gold started the week bearish, breaking last weeks low, before forming support and closing weak bullish


  • USD Empire State Manufacturing PMI on Tuesday

  • USD Retail Sales on Wednesday

  • USD Prelim UoM Consumer Sentiment on Friday


USD news this week has the potential to be mixed for Gold. Anticipating Gold to range in between the weekly support @ 2004 and resistance @ 2072


 

GBPJPY Weekly Analysis

gbpjpy weekly chart 15th jan

GBPJPY formed and uptrend structure on the Daily timeframe, resistance then support before continuing bullish. The Weekly closed bullish with an indecision candle


  • GBP Claimant Count Change on Tuesday

  • GBP CPI on Wednesday

  • GBP Retail Sales on Friday


Check out the USD + GBP News This Week 15th January to plan for news and possible scenarios

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