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OfficialJ23
Apr 16, 2023 2:57 PM

GbpUsd trade Idea and breakdown 

British Pound/U.S. DollarFXCM

Description

Another quick breakdown on Gu! The pair ended the week ranging on top of a major resistance level ! I personally wanna see price continue ranging above the major resistance level for the week ! I am also paying attention to price potentially breaking back down below the major resistance level where I would than target the last support level and scale in on 2 entries. 1st entry would be a solid 1:3 and the 2nd would be 1:4 - 1:5. I'll be trailing my SL for the 2nd entry!
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