Welcome to the GBPUSD chart.
This trade will be pretty risky so we prefer you should take a tight stop-loss of a maximum, 25 to 45 pips on it.
Reward against the risk will be the first target 160 pips 2nd target near 330 pips.
As we have seen price is near the lower band of the parallel channel, we might see another pullback toward our target level before
it pushes further down. As overall trend direction of GBPUSD is bullish.
if you have any questions, please comment below.
Thank you and trade Safely.
This trade will be pretty risky so we prefer you should take a tight stop-loss of a maximum, 25 to 45 pips on it.
Reward against the risk will be the first target 160 pips 2nd target near 330 pips.
As we have seen price is near the lower band of the parallel channel, we might see another pullback toward our target level before
it pushes further down. As overall trend direction of GBPUSD is bullish.
if you have any questions, please comment below.
Thank you and trade Safely.
Comment:
Comment:
Target 1 Reached
Comment:
Target 2 reached