GBPUSD: moving sideways, accumulating longs?

2020-01-08 16:07:29

Currently the markets are mostly focused on the US-Iran conflict, what about 'Get Brexit done' on 31 of January?

Going long between 1.305 and 1.314 price zone provides good R:R, if waiting for the target around 1.333.

Keep in mind, that the target can be reached in several days and GBPUSD long has negative overnight swap.