At the moment GBPUSD is trading at 1.3735 upward limited move till 1.3775-80 level is possible as bullish trend is still intact however so far it has failed to close above 1.3753 which is acting as strong resistance we expect GBPUSD to drop to 1.3640 level and if it holds than bounce is expected to 1.3775 level. and than we will be looking for closure of H4 above 1.3753 level for buying otherwise my bias is toward sell 1.3640 level and if it failed to hold that level than next target will be 1.3580.
Disclaimer: Not a financial advise only for education purpose
Disclaimer: Not a financial advise only for education purpose
Comment:
closing half at 60 pips
Trade closed: target reached:
Closed all in 60 pips
