Yuriy_Bishko

GBPUSD is above the Support/Resistance Zone!

Long
Yuriy_Bishko Updated   
FX:GBPUSD   British Pound / U.S. Dollar
The price is above the Support/Resistance Zone and can continue to rise.
The best Buy entry will be if the pound will show a pullback to the zone and make a false breakout.
Potential profit will be 3 times bigger than the risk.

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Comment:
About GBP/USD important update

Price between 2 key levels I would like to open buy if the price will show accurate buy after a pullback to 1.24077 and false break out

2nd scenario is a sell at 1.2484 if the price will hit that level today - that could be a good sell entry because price already rose up 95 pips, current ATR is 116- that means when the price will hit that level - price will move full ATR

Trade closed: target reached:

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