Looking to sell GBPUSD from sell area, wait for exhaustion candle. Close trade at the target area (+30pips).
But be careful as GBPUSD has also shown reversal signs to the upside from the 1.26 area which is holding as a strong support level.
But be careful as GBPUSD has also shown reversal signs to the upside from the 1.26 area which is holding as a strong support level.
Note
Stop loss moved to break evenNote
Closing most position at +25 pips, possible double bottom forming.Trade closed manually
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.