GBP/USD analysis by Keon Consultancy | Feb 4, 2020
This buy trade of GBP/USD is also a trade of Range Trading Style just like last few trades of GBP/USD & GBP/JPY. This time, we are trading only GBP/USD not GBP/JPY in long side because JPY has corrected against its recent gain and may resume strengthening any time soon; so we will rather look for short/selling opportunity in GBP/JPY later.
Here is what we have seen and how we have entered long/buy in GBP/USD:
