Analysis Forex market on 20.01.2020

Hello. Below are a few recommendations for trading in the Forex market on 20.01.2020


On GBPUSD, the price reversed in the area of the trendline and formed a pattern of Absorption. Here waiting for the resumption of falling prices further in the trend. And I will go in sale on the breakdown of the pattern and level of 1,3000. The immediate objectives in the area of 1.2800 barriers and below.


On EURJPY stood at 122,86 and bounced formed a pattern of Absorption. Should probably wait for a correction to the trendline area and the level 121,08. Sales here do not consider, as they are against the trend.

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