Forex Signal For GBP/USD: Support Could Be Found at 1,2500 USD.

    Forex Signal For GBP/USD: Support Could Be Found at 1,2500 USD. The price hit 18-month lows. The last GBP/USD signals on April 12 were both a profitable long trade from a $1,300 rejection of the support level and a profitable short trade from a $1,3052 rejection, so the signals were getting better.  

Today's GBP/USD Signals

 

• The risk is 0,75%.
• Trades can only be entered until 17h00 London time today.

 

Buying Trade Tip

 

• On the next touch of $1,2500, $1,2437 or $1,2406, immediately buy as soon as a bullish price action reversal 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 be driven.

 

Forex Signal For GBP/USD: Support Could Be Found at 1,2500 USD.

 

Sales Trades Tips

 

• Sell ​​on the next tap of $1,2624, $1,2698 or $1,2726, immediately after 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 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 be driven.

   

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