Forex Signal For GBP/USD: Consolidation Below $1,3181

    Forex Signal For GBP/USD: Consolidation Below $1,3181   An important milestone is probably $1,3000. The reason the GBP/USD signal was not triggered last Wednesday was that when the price reached a level of $1,3163 resistance, there was no major price move.  

Today's GBP/USD Signals

 

• The risk is 0,75%.
• Today, trading will be possible until 17h00 London time.

   

Buying Trade Tip

 

• Just after the next touch of $1,3000, follow the most optimistic price gesture for the H1 time frame long.
• Put the Stop loss 1 pip under the local release low.
• Even if you do a 25-pip profit trade, you'll lose the stop.
• When the profit price reaches 25 pip, eliminate 50% of the profits and keep the rest of the position going.

 

Forex Signal For GBP/USD: Consolidation Below $1,3181

 

Sales Trade Tips

 

• If H1 time frame is reasonably deviated from prices, cancel the transaction at the next theme, costing $1,3163 or $1,3236.
• Place Stop loss 1 pip over the local-emissions height.
• Even if you do a 25-pip profit trade, you'll lose the stop.
• When the profit price reaches 25 pip, eliminate 50% of the profits and keep the rest of the position going.

   

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