herotradinggroup

We try to take full profit in this huge uptrend

Long
FX:GBPUSD   British Pound / U.S. Dollar
Analysing Forex from The Market side & perspective.

Hello traders, This day is friday. This means the market will be closed soon. Lets see at our last analysis where the market was in a sideway zone and just like what we expected, it went all the way up following EURUSD movement. This movement cleared two of our positions which are SELL at 1.2477 and BUY at 1.2562. Enjoy the profit, guys. And what we have today? here we have the uptrend market followed by a trendline, even tho we can see that the market looks bearish. It might be a pullback or a new sideway zone.

Today, we have two recommendation positions we hold until the end of the week. Which are BUY at 1.2686, here we follow the trend to its peak. and SELL at 1.2600 just in case the market changes directions and start a new trend.
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