GBPUSD 27-31 January 2020

25 Jan 2020

The pound has exited the triangle formation on the H4 chart but has now returned to retest what was the upper limit of the descending triangle. Once finished, it might attempt to make another bull run towards 1.3200 and beyond.

25 Jan 2020

Catatan

Your thumbs up and comments are much wanted and I am grateful to receive them.

27 Jan 2020

Trade aktif

It appears the pair is giving a good entry for shorts unless it crosses and closes above daily pivot again.

27 Jan 2020

Trade aktif

The price action reversed as I thought it would, now there are low chances it will return to 1.3101 today.

27 Jan 2020

Trade aktif

1.3078 might be a good area to re-enter shorts

28 Jan 2020

Trade aktif

The pair was pushed downwards by the golden cross (EMA200, EMA50).

28 Jan 2020

Trade aktif

The bear run continues in the US session.

28 Jan 2020

Trade aktif

The price reached the upper limit of what was descending triangle. It might reverse from this moment on and have a bull rally begin.

29 Jan 2020

Trade aktif

The pair made a consistent retracement yesterday evening, but it seems it wants to retest previous low today.

29 Jan 2020

Trade aktif

Nothing happened during FOMC release, though the price has this bullish feeling that one cannot ignore. Let's see what is going to happen during FOMC press conference and later after the current H4 candle is finished (london time).

30 Jan 2020

Trade aktif

The price has spiked to 1.3089 after BoE Interest Rate Decision (Jan) was published.

31 Jan 2020

Trade aktif

The price is 20 pips away from our target (tp1) 1.3200. :)

31 Jan 2020

Trading ditutup: target tercapai

Our target (tp1) 1.3200 was achieved Today. :)