Forex Signal for GBP/USD: More Bear Markets!
Forex Signal for GBP/USD: More Bear Markets!
GBP/USD signals were not triggered last Monday as none of the key support and resistance levels were reached that day.
Today's GBP/USD Signals
The risk is 0,75%.
Transactions should only be entered between 8am and 5pm London time today.
Sales Trading Tips
- Sell at the next touch of 1,3860, 1,3881 or 1,3953 and after a bearish price reversal on the H1 time
frame.
- Place the stop loss 1 pip above the local swing high.
- Set the stop loss even if the trade is 20 pips profit.
- When the price reaches 20 pips profit, take 50% of the position as profit and leave the rest of the position running.
GBP/USD signals were not triggered last Monday as none of the key support and resistance levels were reached that day
Buy Trading Tips
- Buy immediately the next time you touch 1,3714.
- Place the stop loss 1 pip below the local swing low.
- Set stop loss even when the trade is 20 pips profit.
- When the price reaches 20 pips profit, take 50 % of the position as profit and leave the rest of the position running.
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