GBPUSD Trends in 23rd January (updated) - forex trading courses mumbai

GBPUSD Trends in 23rd January (updated) ~ forex trading courses mumbai

Important Trading Mark is 1.5885

From last two days you seen that GBPUSD pairs continue trading lower. The main resistance zone of GBPUSD is 1.5885 level at the point . And Short term support is 1.5820. Last 4 Hours Charts showing that pairs has good volume buyers at the support zone.

And above Chart reflecting that it now trading in bullish territory . Just need to cross 1.5885 level . Then it may go towards 1.5925 even 1.5950.

If the pairs not able to break 1.5890 mark it may down again and may go towards 1.5820, 1.5800 level.

So carefully trade. Happy trading

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EURUSD Trading Strategy on 23rd January (updated) - forex trading courses in malaysia

EURUSD Trading Strategy on 23rd January (updated) ~ forex trading courses in malaysia

Important Trading Point is 1.3370

EURUSD pair can be seen converging rectangular triangle within which lasts almost side Flete, now better wait break any of the boundaries of the triangle to determine the future of the main trend, but for now just have to catch the scalp and a retreat from the borders of the triangle. The Pattern showing bullish Movement at the moment. From last day trading charts , the pair reflecting double bottom trend. it mean pair now in bullish zone.

EURUSD easily touch 1.3360 mark in days trade but has good selling pressure @ 1.3365-1.3370 Mark . If it Cross that important level and hold , it will turn a side ways movement and easily cross 1.3400 level even touch 1.3415 .

But if EURUSD failure to cross important 1.3370 mark , Bearish pattern again may arise. If so it may fall again towards 1.3300 mark , even it may touch 1.3260 mark.

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