Forex Signal For GBP/USD: Strong Bearish

    Forex Signal For GBP/USD: Strong Bearish The price is trading at its lowest level in the past 8 months due to high volatility. The GBP/USD signal last Wednesday was not triggered as none of the key levels were reached that day.  

Today's GBP/USD Signals

 

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

 

Sales Trade Tips

 

• Next touch 1,3560, 1,3588 or 1,3687 immediately after a bearish price action on the H1 time frame, go short.
• Place the stop loss 1 pip above the local swing height.
• Set a 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: Strong Bearish

   

Buying Trading Tips

 

• Next touch 1,3527, 1,3502 or 1,3438 and immediately follow the reversal of the bullish price action on the H1 time frame.
• Put the stop loss 1 pip below the local swing low.
• Set a 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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