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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:


2 Comments


K Trade
K Trade
Feb 05, 2020

Stopped out almost at BE with +1.0 pip.

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K Trade
K Trade
Feb 05, 2020

Moved SL to BE.

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