Forex Signal For GBP/USD: Weak Bull Trend

    Forex Signal For GBP/USD: Weak Bull Trend While the price is hovering above 1,4010, further uptrend is expected. GBP/USD signals were not triggered last Wednesday as none of the key support or resistance levels set were reached.  

Today’s GBP/USD Signals

 

• The risk is 0,75 % .

 

• Transactions can only be made before 17:00 London time today.

 

Sales Trading Tips

• Enter a sell at the next 1,3934 or 1,4010.touch and on the H1 time frame, after a bearish price reversal.
• Place the stop loss 1 pip above the local high.
• Even when there is 20 pips profit in the trade, the stop-loss is active.
• When the price reaches 20 pips profit, take 50 % of the position as profit and leave the rest of the position active.

Forex Signal For GBP/USD: Weak Bull Trend

Buy Trading Tips

• Immediately after the next touch of 1,3834 or 1,3767 and on the H1 time frame, after the reversal of the bullish price action, enter the buy.
• Place the stop loss 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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