Forex Signal For GBP/USD: Downward Below $1,2191.

    Forex Signal For GBP/USD: Downward Below $1,2191.   Strong support is at $1,2082. The last GBP/USD signal on July 21 could have produced a long-term losing trade with the bullish rejection of the support level set at $1,1926.  

Today's GBP/USD Signals

 

• The risk is 0,75%.
• Transactions can only be entered before 17h00 London time on a Thursday.

 

Buying Trade Tip

 

• Go buy as soon as the bullish price action reverses on the H1 time frame with the next touch of $1,2082.
• Put the stop loss 1 pip below the local swing low.
• Set stop loss even when the trade is 25 pips in profit.
• When the price reaches 25 pips in profit, take 50% of the position as profit and leave the rest of the position running.

 

Forex Signal For GBP/USD: Downward Below $1,2191.

 

Sales Trade Tips

 

• Sell ​​immediately when a bearish price action reverses on the H1 time frame with the next touch of $1,2191 or $1,2241.
• Place the stop loss 1 pip above the local swing height.
• Set stop loss even when the trade is 25 pips in profit.
• When the price reaches 25 pips in profit, take 50% of the position as profit and leave the rest of the position running.

   

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