TeddyBear8884

FOREX Analysis - GPBUSD in a tight range

FX:GBPUSD   British Pound / U.S. Dollar
GBPUSD is in a tight range

if we see a breakout above 1.20276 we can initiate a long position with a risk reward ration of 1:1. Similarly,
if there is a breakdown of 1.19798 we can initiate a short position with a risk reward ration of 1:1.

Disclaimer:
This is our personal opinion and is only for educational purposes. Please consult your financial advisor before making any decision

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Trade closed: target reached

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