Here is your GBPUSD Focus for today; According to our Currency Strength Meter Mark (0 being weakest, & 7 being strongest), the GBP stands at “5”, and the USD stands at “6”, meaning that the USD is stronger than the GBP, thus only looking for BEARISH /SELL opportunities on this pair. NB: These reading fluctuate from time to time.
Our 1st SELL Limit is placed at white line labeled "Sell limit 1" (with a 1% risk position size) Our 2nd SELL Limit is placed at white line labeled "Sell limit 2" (with a 1% risk position size), totaling a 2% risk, should both positions get filed.
Our final Take profit is placed at white line labeled "TP 2" Our Stop Loss is placed at red line labeled "Stop Loss"