FX:GBPUSD   British Pound / U.S. Dollar
Right now most traders (100%) are waiting for the next trend to follow so our best recommendation is to hold on this pair before taking a position. Forecast is bearish for the next weeks. It is a 50/50 decision but there could be some bullish pips still there so we are opening a long position now with our stop loss at the 50 SMMA as shown in the chart. Have a nice trading day.
Trade closed manually: Two long positions closed previously at 1.3993 and 1.4000 with +5.37% and +5.01%. Short positions remain open, and waiting.
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