UnknownUnicorn483829

GBPUSD - 5 to 1 - win vs risk trade LONG

Long
OANDA:GBPUSD   British Pound / U.S. Dollar
Hello all - DuncanForex here with another trade idea

Although GBP is weak at present, I can see some strength tomorrow whilst USDJPY pullsback -

I have entered, however you could place a buy stop at the 1.2138 area

With it cycling higher on the 30m chart - keeping in mind the overall trend is down

If 1.2175 is broken we will certainly be in a short term up trend.

Thanks for looking and the website is live

Duncan
Trade closed: stop reached:
stopped at break even
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.