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RaynLim
Jan 13, 2019 2:59 PM

GBPUSD-Weekly Market Analysis-Jan19,Wk3 Long

British Pound/U.S. DollarFXCM

Description

While GBPUSD on its Daily Chart still indicates a bearish tone, but it does give me a breakout and pull back trading opportunity on the 4-hourly chart.

Exact Level will be shared with my subscribers but the final target level I'm looking at is at 1.2956-1.2967.

Now you know the target level I am looking for the question for you will be which price will you exit?

As for me will be...

Please do decide before reading my choice...

I will be looking at 1.2956 to close off my trade, should this trade occurs, a simple rule I always follow, always enter slightly later(market confirmation) and exit earlier(not at the furthest profit potential so I won't miss the exit.)

If you love my trading methodology, just subscriber to our trade ideas at:
http://forex100academy.com/tradeideas-oct2018/
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