Forex Signal For GBP/USD: Exit the Bearish Price Chart

   

Forex Signal For GBP/USD: Exit the Bearish Price Chart

  There is a rise above the support level at $1,1958. The last GBP/USD signal on July 11 was not triggered because there was no bullish price action when any of the identified key support levels were reached.  

Today's GBP/USD Signals

 

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

 

Buying Trading Tips

 

• For the next touchdown of $1,1958, $1,1926 or $1,1878, immediately watch for 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 last.

 

Forex Signal For GBP/USD: Exit the Bearish Price Chart

 

Sales Trade Tips

 

• Sell ​​immediately after a bearish price reversal on the H1 time frame in the next touch of $1,2097 or $1,2165.
• 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 last.

   

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