The USD has been weakening significantly and there is a chance now to buy it.
We are choosing GBPUSD to sell at 1.2175 with a 40 pip stop loss.
It is overbought on H1, M30, M15.
The H4 trend is up, so we will look to take money quickly with maybe a 40 - 70 pip profit.
We are choosing GBPUSD to sell at 1.2175 with a 40 pip stop loss.
It is overbought on H1, M30, M15.
The H4 trend is up, so we will look to take money quickly with maybe a 40 - 70 pip profit.
Trade closed manually:
Hazardous trade against the trend. The plan for August is not to trade against the trend and see how much better we can become.
29/07/22 DEAL GBP/USD Mini converted at 1.38500055 SD SD-58.75
Funds: SD11,946.07
29/07/22 DEAL GBP/USD Mini converted at 1.38500055 SD SD-58.75
Funds: SD11,946.07
