Forex Signal For GBP/USD: No Response to UK Inflation Data.

    Forex Signal For GBP/USD: No Response to UK Inflation Data. Short-term volatility likely between $1,3750 and $1,3850. The reason why the GBP/USD signal was not triggered last Monday is because none of the key levels defined as support or resistance were reached that day.  

Today's GBP/USD Signals

 

• The risk is 0,75%.
• Transactions must be entered by 17h00 London time today.

 

Sales Trade Tips

 

• The next time you touch 1,3852 or 1,3898, immediately sell as soon as a bearish price action reverses on the H1 time frame.
• Place the stop loss 1 pip above the local swing height.
• Set stop loss even when the trade is 20 pips in profit.
• When the price reaches 20 pips in profit, take 50% of the position as profit and leave the rest of the position running.

 

Forex Signal For GBP/USD: No Response to UK Inflation Data.

 

Buying Trade Tip

 

• Watch the bullish price action reversal on the H1 timeframe right after the next touch of 1,3773.
• Put the stop loss 1 pip below the local swing low.
• Set stop loss even when the trade is 20 pips in profit.
• When the price reaches 20 pips in profit, take 50% of the position as profit and leave the rest of the position running.

     

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