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Dear Traders ,

Good morning with respect to the market overview, we pose to update on our running trade on GBPUSD and also present to you a new setup on USDJPY.

GBPUSD Forex Chart

Our bias and view on GBPUSD is still bullish with intraday support residing at 1.3010 are. If mrk drift to this price we will be adding to our long position in line with our prior discussion on the pair.

Meanwhile the overall view on USDJPY is bullish but we look to take an intraday run with the profit taking on the pair to 109.50 area with CMP @ 109.97.

GBPUSD Forex Chart

In line with the intraday, we have a technical resistance at 110.05/10 zone, a push to this area should give us our entry for sell.

GBPUSD Forex Chart

Thanks

Comments (2)

  1. FEMI
    February 1, 2020

    Hello, would like to know if you do organize training for those interested in forex trading.If yes,what are the packages you run and the cost.

    • admin
      February 4, 2020

      Yes we offer training for individuals and organisations seeking to improve their knowledge of the Forex Industry. If you’re interested, kindly fill out the form on this link. Thanks

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