peakbroker

GBP/USD Weekly Forecast (21th September - 25th September)

Short
peakbroker Updated   
FX:GBPUSD   British Pound / U.S. Dollar
I see several swing trade opportunities this week, this is one of them. On the GBP/USD pair, the price bounced at a strong key level, which also coincided with the EMA 200. Currently, a great risk-reward trade is opening up in the short direction. There is also a key level between our target price and the current exchange rate. When the price reach this level, set the trade to BE.
Comment:
Secure 100 pip profit, move SL to 1.2850, above the new key level.
Trade closed manually:
Price hit the modified SL, 100+ PIP profit.

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