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DACapitalTrading
Dec 22, 2020 12:49 AM

GBPUSD - SWING - 22. DECE. 2020 Long

British Pound/U.S. DollarFXCM

Description

Welcome to our weekly trade setup ( GBPUSD )!

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1 HOUR
Very bullish price action..

4 HOUR
Closed above main sr level.

DAILY
Overall bullish market about to rush towards previous highs!

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FOREX SWING
BUY GBPUSD
ENTRY LEVEL @ 1.34200
SL @ 1.32980
TP @ 1.35850
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)


Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!

ALAN

Trade active

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Trade closed: target reached

Closed with +160 Pips (+0.70%)
Comments
skubi00
Any additional fundamental analysis or feedback since there are stimulus decisions to be made, along with brexit, and new strain of COVID? Just curious of your thoughts on how this could impact your tech analysis. :)
DACapitalTrading
@skubi00, usd index very weak, stimulus confirmed and fed printing insane amount of money.. guess gbp should be stronger rn.
DACapitalTrading
@skubi00, technicals confirm that but prices behave strange previous weeks
DACapitalTrading
Feel free to share your thoughts about GBPUSD in the comment section!

Alan
TheSignalyst
@DACapitalTrading, thank you Alan, keep up the good work!
Azhura1437
So if it hits the entry level, it will go bullish eh? tnx a lot sir
DACapitalTrading
@Azhura1437, Yeah we are still holding
DACapitalTrading
@Azhura1437, good luck
alassinaser
Can you explain... what do you mean by saying close above 1.34109 to enter long ??
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