British Pound / U.S. Dollar
Long
Updated

GBPUSD: moving sideways, accumulating longs?

265
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.
Trade active
Opened at 1.3132
Trade closed: stop reached
1% loss realized..it's important to follow strict money management and do not risk more than you can afford.)
Trade closed: stop reached
actually 0.8% loss..looking for next move

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.