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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:

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