GBPUSD has bounced back up since hitting 1.36741, We are expecting the pair to move bullish trying to reach the channel before deciding to break up or get back into the downtrend. This could potentially make a decent return on investment. SL should be at placed at BE when reaching 1.37951.
Currently we have a high probability reversal ZONE that is supported by the following:
- Divergence,
Risk vs Reward: 2:1
Good luck!
*Updates to follow!
Currently we have a high probability reversal ZONE that is supported by the following:
- Divergence,
Risk vs Reward: 2:1
Good luck!
*Updates to follow!
Trade closed: target reached
TP Reached : +2%
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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.