Forex Signal For GBP/USD: In A Balanced State
The price is likely to eventually decline again.
The last GBP/USD signal on June 9 was not triggered because none of the key levels set that day were reached.
Today's GBP/USD Signals
The risk is 0,75%.
Transactions must be entered by 17h00 London time today.
Buying Trade Tips
At the next touch of $1,2183 or $1,240, immediately buy as soon as a 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 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 be driven.
Forex Signal For GBP/USD: In A Balanced State
Sales Trade Tips
Sell on the next touch of $1,2260 or $1,2338 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 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 be driven.