Forex Signal For GBP/USD: Looks Bullish on British Budget U-Turn.

    Forex Signal For GBP/USD: Looks Bullish on British Budget U-Turn.   Two key support levels near $1,1300.  

• The previous GBP/USD signal on October 3 was not triggered because there was no bearish price action when the resistance level set at $1,1271 was first reached.

 

Today's GBP/USD Signals

 

• The risk is 0,75%.
• Transactions must be made before 17h00 London time today.

 

Buying Trading Tips

 

• In the next touch of $1,1335 or $1,1288, immediately buy as soon as the bullish price action reverses on the H1 time frame.
• 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: Looks Bullish on British Budget U-Turn.

 

Sales Trade Tips

 

• Sell ​​immediately after a bearish price reversal on the H1 time frame in the next touch of $1,1483 or $1,1510.
• 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.

   

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