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FX.co ★ Another chance for the pound to break through 1.295-1.29

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Forex Analysis:::2020-01-30T07:59:17

Another chance for the pound to break through 1.295-1.29

Good day, dear traders! I present to your attention another plan for the GBPUSD pair.

Yesterday, we recommended working for a decrease from the false breakdown of the local stop level of 1.30260.

This breakdown was intended to "shim" and was not reached on the evening news. Today is an important day for the pound:

Another chance for the pound to break through 1.295-1.29

Please note that the rate comes out at 13:00 London time and the speech of the head of the Bank of England Carney at 13:30. This is important for those who are going to trade at the moment.

The idea of a downgrade is maintained according to yesterday's plan.

The control level of the false breakout remains at 1.30260:

Another chance for the pound to break through 1.295-1.29

Good luck with trading and control risks, especially today at 13:00 and 13:30 London time.

Analyst InstaForex
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