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FX.co ★ Comprehensive Analysis in Trading: Mastering Methodologies

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Trader Journals:::2026-02-01T10:13:53

Comprehensive Analysis in Trading: Mastering Methodologies

Comprehensive Analysis in Trading: Mastering Methodologies

Hello traders, GBP/USD showed a good correction in the second half of the trading week, dropping by 200 points from the established high of 1.3870. I expect the downtrend to continue towards the support area around 1.3575-1.3600. In this area, I anticipate a reaction from buyers, so I will be looking at long positions. Let's see how the market opens. If there is a gap down to the mentioned area right away, buying opportunities will look even more appealing. In any case, in the near future, buying the pair will be my priority. I expect to see the price return to an upward trend and move towards 1.4000.
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