AnalystLyn

Brishtish Pound Will remain Strong?[ Short-term]

Long
AnalystLyn Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Previously, I published an early call for GBPUSD buy when the Pound showed early signs of strength. (Unfortunately, I cannot send a chart snapshot of that post here because the old account has been suspended.)

Everything is still going well with the British Pound. If you have held the position since then, rest assured.

WHAT A WISE TRADER DO?


  • If you're holding a Buy: Move the stop loss to a safe point to preserve profits.

  • If you're holding a Sell: There is a high chance it's just a correction wave, so set your stop loss tight.

  • If you haven't done anything yet: Observe lines on the chart and focus on the bull direction. Be patient until it breaks. Don't rush.

Trade active:
Usually, i don't use limit to execute the trade, but tonight won't have time to update

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