A few trading ideas on 21.01.2019

Hello. Below are a few recommendations for trading in the Forex market on 21.01.2019


On GBPUSD price only clocked up and bounced off the trendline formed a bearish pattern of Absorption. I think that’s down won’t leave and expect continued growth in the area 1,31000 and above. Sales here have not yet considered, but within a day watch the price, and maybe change your mind. The trend is still down.


At GBPJPY after the breakdown of the level of 141.00 and formed pattern Inner bar. The downward movement is likely correction after breakdown of the level and continue the growth of prices.


On EURGBP pair price formed a pattern inside bar pulled back to the previously punched level 0,8835. Likely expect a continuation of falling prices further. Consider here sale with immediate objectives 0,8700 and below.

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