Forex Signal For GBP/USD: Bear Market Below 1,3721.

    Forex Signal For GBP/USD: Bear Market Below 1,3721.   The pair is trading at a 3-week low. Last Wednesday's GBP/USD signal was not triggered as none of the key levels specified that day were reached.  

Today's GBP/USD Signals

 

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

 

Sales Trade Tips

 

• On the next touch to 1,3721 or 1,3765, go short immediately after a bearish price action reversal on the H1 time frame.
• Place the stop loss 1 pip above the local swing height.
• Set a 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: Bear Market Below 1,3721.

Buying Trading Tips

 

• Next time you touch 1,3674 or 1,3588, immediately follow the bullish price action reversal on the H1 time frame.
• Put the stop-loss 1 pip below the local swing low.
• Set a 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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