Forex Signal For GBP/USD: Weak in Pound Bear Market.

  Forex Signal For GBP/USD: Weak in Pound Bear Market.   There are chances of a drop below $1,3319. The GBP/USD signal last Wednesday produced a short trade at $1,3473 from the intraday bearish trend, which was breakeven.  

Today's GBP/USD Signals

 

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

 

Sales Trade Tips

 

• Sell ​​on the next touch of $1,3413 or $1,3473, 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: Weak in Pound Bear Market.

 

Buying Trade Tip

 

• Immediately follow a bullish price action reversal on the H1 time frame with the next touch of $1,3319.
• 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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