ScottMescudiForex

GBPUSD : BACK IN THE GAME!

Long
ScottMescudiForex Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Hi traders!

We had a clear reversal on the daily timeframe. MACD & RSI slowly showing us their hands.

This pair is ranging in two uptrend channel. With todays fundamentals news concerning the US Dollar, this pair might get the strength it needs to push up again.

I'm looking at the blue zone that we went through in bear mode.

GBPUSD LONG:
ENTRY : 1.2869
SL : 1.28016
TP : 1.30331

Trade safe!
Comment:
Just to update everyone that isn't in the Telegram group!

We are back in profit but I will now put SL above breakeven for a risk-free trade. Currently sitting on 30 pips.
Trade closed: target reached:
SL touched above a few pips above breakeven! It's all about risk management! Succesful trade! For the people who sold @ 1.29, as suggested in the Telegram group, good job!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.