Forex Signal for GBP/USD: Horizontally Balanced!

  Forex Signal for GBP/USD: Horizontally Balanced!   It seems quite difficult to predict the direction of the pair today. Last Monday's GBP/USD pair signals were not triggered as the rise to the support level defined at 1,3817 took place after 17:00 London time.  

Today's GBP/USD Signals

  The risk is 0,75%. Transactions must be entered between 08:00 and 17:00 London time today.  

Sales Transaction Tips

 

• Enter a sell position on the next touch of 1,3817, 1,3836 or 1,3876 and after a bearish price reversal on the H1 time frame.
• Place the stop-loss 1 pip above its local high.
• Stop loss must be active even if the trade is at 20 pips profit.
• When the trade reaches 20 pips profit, take 50 % of the position as profit and leave the rest of the position in the trade

Forex Signal for GBP/USD: Horizontally Balanced!

Purchase Process Tips

 

• Enter buy trades at the next touch of 1,3774 or 1,3714 and immediately after the reversal of the bullish price action on the H1 time frame.
• Put stop-loss 1 pip below local low.
• Stop loss should be active even when the trade is 20 pips profit.
• When the trade reaches 20 pips profit, take 50 % of the position as profit and leave the rest of the position active in the trade.

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