Forex Signal For GBP/USD: Can Bulls Break 1,3900 Level?

  Forex Signal For GBP/USD: Can Bulls Break 1,3900 Level?   Support at 1,3831 looks pretty strong!  

In Today's GBP/USD Signals

The risk is seen as 0.75%. Also, trades can only be made before 17:00 London time today.  

Sales Trading Tips

 

• Go sell at the next touch of 1,3953 or 1,4010 and after a bearish price reversal on the H1 time frame.
• Place the stop loss 1 pip above its local high.
• Leave the stop loss active even when the trade is 20 pips in profit.
• When the trade reaches 20 pips profit, take 50 % of the position as profit and leave the rest of the position active.

Forex Signal For GBP/USD: Can Bulls Break 1,3900 Level?

Buy Trading Tips

 

• Enter the buy at the next touch of 1,3876 or 1,3831 and the reversal of the bullish price action on the H1 time frame.
• Put the stop-loss 1 pip below the local low swing.
• Leave the stop loss active even when you are 20 pips profit in the trade.
• When the trade reaches 20 pips profit, take 50% of the position as profit and leave the rest of the position in the trade.

 

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