Forex Signal For GBP/USD: Quietly Consolidation.

  Forex Signal For GBP/USD: Quietly Consolidation. The price is trading between $1,3525 and $1,3600. The reason why the GBP/USD signal was not triggered last Wednesday is that there was no bullish price action when the support level, defined as $1,3625, was first reached that day.  

Today's GBP/USD Signals

 

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

 

Sales Trade Tips

 

• On the next touch of $1,3606 or $1,3638, go short immediately after a bearish price reversal on the H1 time frame.
• Place the stop loss 1 pip above the local swing height.
• Set stop loss even when the trade is 20 pips in profit.
• When the price reaches 20 pips in profit, take 50% of the position as profit and leave the rest of the position running.

 

Forex Signal For GBP/USD: Quietly Consolidation.

 

Buying Trading Tips

 

• For the next touchdown of $1,3523 or $1,3411, immediately watch the bullish price action reversal on the H1 time frame.
• Put the stop loss 1 pip below the local swing low.
• Set stop loss even when the trade is 20 pips in profit.
• When the price reaches 20 pips in profit, take 50% of the position as profit and leave the rest of the position running.

   

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