Support Retest / Pullback
- The price recently bounced from around **1.28970 (black EMA).
- If it holds above this level, the uptrend may continue.
- A break below **1.28950 might indicate further downside.
### **📌 Trading Strategy**
✔️ **Bullish Bias:** Buy if price breaks above **1.29200, targets **1.29400 - 1.29600.
✔️ **Bearish Confirmation:** Sell if price closes below **1.28950, targets **1.28600 - 1.28400.
✔️ **Use Risk Management:** Set stop-losses to minimize risk. 🚀https://tradingview.sweetlogin.com/x/4TWzbmup/
- The price recently bounced from around **1.28970 (black EMA).
- If it holds above this level, the uptrend may continue.
- A break below **1.28950 might indicate further downside.
### **📌 Trading Strategy**
✔️ **Bullish Bias:** Buy if price breaks above **1.29200, targets **1.29400 - 1.29600.
✔️ **Bearish Confirmation:** Sell if price closes below **1.28950, targets **1.28600 - 1.28400.
✔️ **Use Risk Management:** Set stop-losses to minimize risk. 🚀https://tradingview.sweetlogin.com/x/4TWzbmup/
Trade active
🔥 **GBP/USD Trade Update!** 🔥 📉 **Breakout Below Support:** **1.2895**
🎯 **Hit 1.28600** ✅ (35 pips profit!)
### ✅ **Next Steps:**
✔ **Secure Some Gains**: Lock in partial profits.
✔ **Move SL to Breakeven**: Reduce risk.
✔ **Watch for Further Downside**: Next targets **1.28400 & 1.28200** if bearish momentum continues.
📊 **Stick to your risk management and ride the trend wisely! 🚀🔥**
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.
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.