Forex Signal For GBP/USD: Consolidation Below $1,350.
Forex Signal For GBP/USD: Consolidation Below $1,350.
There are many places to fall.
The reason why the GBP/USD signal was not triggered last Wednesday is because the price did not reach the key support level defined as $1,3319 after the London close.
Today's GBP/USD Signals
The risk is 0,75%.
Trades can only be made before 17h00 London time today.
Forex Signal For GBP/USD: Consolidation Below $1,350.
Sales Trade Tips
Sell on the next touch of $1,3353 or $1,3414 immediately following a bearish price reversal on the H1 time frame.
Place the stop loss 1 pip above the local swing height.
Move stop loss even when the trade is 20 pips in profit.
When the price reaches 20 pips in profit, remove 50% of the position as profit and let the rest of the position be driven.