21.01.202214:50 Forex Analysis & Reviews: GBP/USD update for January 21, 2022 - Breakout of exhaustion pattern to the upside

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Technical analysis:

Gold has been trading downside today but I found strong support level at the price of $1,829 and strong rejection, which is good sign for further rally.

Trading recommendation:

Due to test and reject of key pivot support at the price of $1,828, I see potential for the upside movement today.

Watch for buying opportunities on the intraday pullbacks with the upside objectives at $1,842, $1,847 and $1,864.

Key support is set at $1,829

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