Forex Analysis
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Forex Analysis & Reviews: Forecast and trading signals for GBP/USD on January 7. COT report. Analysis of Wednesday. Recommendations for Thursday

The higher linear regression channel turned to the upside on the 15-minute timeframe, while the lower one turned downward. And so, a new downward trend has started in the short term, but it may be extremely short-lived. By and large, the price continues to revolve around the critical line and around 2.5 year highs.
by Jeff Wecker
Forex Analysis
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Forex Analysis & Reviews: Forecast and trading signals for GBP/USD on January 6. COT report. Analysis of Tuesday. Recommendations for Wednesday

The higher linear regression channel reversed to the downside on the 15-minute timeframe, and the lower one - upward. Thus, a new upward trend has started in the short term, but it can also be very short-lived. Everything will depend on the ability or inability of traders to overcome the 1.3606-1.3626 area.
by Jeff Wecker