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Forex Signal For GBP/USD: Resistance at $1,1451

Forex Signal For GBP/USD: Resistance at $1,1451 Forex Signal For GBP/USD: Resistance at $1,1451 Forex Signal For GBP/USD:

Forex Signal For GBP/USD: Resistance at $1,1451
Yazar: Ross Sutton

Yayınlanma: 20 Eylül 2022 13:30

Güncellenme: 20 Eylül 2022 10:34

Forex Signal For GBP/USD: Resistance at $1,1451

    Forex Signal For GBP/USD: Resistance at $1,1451   The British Pound remains weak and vulnerable to further declines.  
  • The previous GBP/USD signal was not triggered last Monday as there was no bullish price action when the price first reached any of the support levels set that day.
 

Today's GBP/USD Signals

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

Buying Trading Tips

 
  • At the next touch of $1,1350 or $1,1300, immediately buy as soon as the 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 last.
 

Forex Signal For GBP/USD: Resistance at $1,1451

 

Sales Trade Tips

 
  • The next time you hit $1,1451, $1,1483 or $1,1510, sell as soon as a bearish price reversal on the H1 time frame is reversed.
  • 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.
gbpusd_20092022_adam  

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