kieranchow

GU Weekly forecast 20th - 25th Jan 2020

FX:GBPUSD   British Pound / U.S. Dollar
GBPUSD Weekly forecast 20th - 25th Jan 2020
- Going into this week, just underneath broken support turning resistance 1.3075 area
- Market is bearish overall so best risk to reward for new entries will be at the previous broken support.
- If confirmations are strong the first target will be at 1.2965, if price can break this area target 2 will be at 1.2910
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My weekly forecast, highlighting the overall trend with key levels to get an idea of the best targets in the upcoming week and weeks ahead. Basic projection of the market with technical/fundamental analysis and is to be used for ideas, entry point analysis is done on a daily basis for entries with minimal drawdown.
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Telegram -
Jan 20
Trade closed: target reached: GBPUSD Update - Target 1 hit and now starting a potential pull back too my sell zone at 1.3075, Eyes on markets for this one! The pullback will deffo be tradable if analysis is accurate! Which it usually is :D.
Jan 21
Trade active: Check updated screenshot

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