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Forex Signal For GBP/USD: Drop Below $1,2130 Expected.

Forex Signal For GBP/USD: Drop Below $1,2130 Expected. Forex Signal For GBP/USD: Drop Below $1,2130 Expected.

Forex Signal For GBP/USD: Drop Below $1,2130 Expected.
Yazar: Ross Sutton

Yayınlanma: 9 Ağustos 2022 15:22

Güncellenme: 17 Kasım 2024 00:11

Forex Signal For GBP/USD: Drop Below $1,2130 Expected.

    Forex Signal For GBP/USD: Drop Below $1,2130 Expected. The price may show a possible decrease and break the channel.  
  • The previous GBP/USD signal issued last Wednesday could have produced a profitable short trade as the resistance level set at $1,2191 rejected the bearish bias.
 

Today's GBP/USD Signals

 
  • The risk is 0,75%.
  • Transactions must be made by 17h00 London time on Wednesday.
 

Buying Trade Tip

 
  • Buy as soon as a bullish price action reverses on the H1 time frame with the next touch of $1,1958.
  • Place the stop loss 1 pip below the local swing low.
  • Move stop loss even when the trade is 25 pips in profit.
  • When the price reaches 25 pips in profit, remove 50% of the position as profit and let the rest of the position last.
 

Forex Signal For GBP/USD: Drop Below $1,2130 Expected.

 

Sales Trade Tips

 
  • In the next touch of $1,2130, $1,2911 or $1,2241, sell immediately as soon as a bearish price reversal on the H1 time frame reverses.
  • Place the stop loss 1 pip above the local swing height.
  • Move stop loss even when the trade is 25 pips in profit.
  • When the price reaches 25 pips in profit, remove 50% of the position as profit and let the rest of the position last.
  gbpusd_09082022  

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