Hi Guys its MAGIC LINE ONCE AGAIN WITH GBPUSD Analysis 02-02-20

Just as Usual I'm going to make this short and precise... ( BUY ) GBP-USD

The STERLING has just retraced back to the bottom of the RANGE it has been trading
for then past days .And it(the lower zone of the trading range ) being one of the the 2
areas where smart money is willing to chip in their money and commit to buying the
pair once it touches that price line at 1.2287 we are ought to follow and buy the pair
as well.
Aiming 1.2426 as our 1st TP target

REMBERING THAT BOE (bank of England )is about to announce interest rate hikes
we ought to be careful in our trading

For those with smaller accounts i would highly advice to Buy at
1.2130 aiming 1.2287 as your 1st TP and 1.2426 as your 2nd tp

otherwise GBPUSD is in an UPTREND until further NOTICE
PLEASE DO LIKE AND SHARE FOR MORE ANALYSIS
LIKE THIS


NB Analysis only FOR DAY TRADERS with fat accounts that are willing to hold their trades
for a day or 2