Forex Signal For GBP/USD: Rising Challenges 1,3900s Again.
Forex Signal For GBP/USD: Rising Challenges 1,3900s Again.
The pair looks more optimistic above 1,3900.
GBP/USD signals were not triggered last Monday. The resistance at 1,3794 did not show enough bearish bias to trigger it.
Today's GBP/USD Signals
- The risk is 0.75 %
- Transactions must be entered before 17:00 London time today
Sales Trading Tips
- After the next touch of 1,3953 or 1,4010, enter a sell position after a bearish price reversal on the H1 time frame.
- Place the stop-loss 1 pip above the local swing height.
- Leave the stop loss active even if you are 20 pips profit in the trades.
- When you reach 20 pips profit in trades, take 50 percent of the position as profit and leave the rest of the position in the trade.
Forex Signal For GBP/USD: Rising Challenges 1,3900s Again.
Buy Trading Tips
- Immediately after the next touch of 1,3767 or 1,3723 and on the H1 time frame, after the reversal of the bullish price action, enter the buy.
- Put the stoploss 1 pip below the local low.
- Set the stop-loss even when the trade is 20 pips in 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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