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Forex Signal For GBP/USD: Direction Forecasting Difficult.

Forex Signal For GBP/USD: Direction Forecasting Difficult. Forex Signal For GBP/USD: Direction Forecasting Difficult.

Forex Signal For GBP/USD: Direction Forecasting Difficult.
Yazar: Ross Sutton

Yayınlanma: 3 Kasım 2021 16:20

Güncellenme: 8 Kasım 2024 00:27

Forex Signal For GBP/USD: Direction Forecasting Difficult.

  Forex Signal For GBP/USD: Direction Forecasting Difficult.   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 $1,3741, was first reached that day.  

Today's GBP/USD Signals

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

Sales Trade Tips

 
  • On the next touch of $1,3709 or $1,3769, enter short 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 20 pips in profit.
  • When the price reaches 20 pips in profit, remove 50% of the position as profit and let the rest of the position be driven.
 

Forex Signal For GBP/USD: Direction Forecasting Difficult.

 

Sales Trade Tip

 
  • At the next touch of $1,3625, $1,3574, $1,3527 or $1,3502, immediately enter long as soon as the bullish price action reverses on the H1 time frame.
  • Place the stop loss 1 pip below the local swing low.
  • Move stop loss even when the trade is 20 pips in profit.
  • When the price reaches 20 pips in profit, remove 50% of the position as profit and let the rest of the position be driven.
  gbpusd_03112021  

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