Hi, i look up at the GBPUSD charts, its still down coz FOMC. But, the price is now in the demand zone that we can look it clearly at weekly timeframes. I thought, it will be good enough for us to open long position in here.
Here the stop loss order is at the below fail to return zone on 4 hours timeframes at 1.38470 and also we had the 2 area for take profit, first take profit is at 1.40371 dan second is at 1.40985. We can caught the second take profit if the price can breakout support become resisten at 1.40371.
GBPUSD
Here the stop loss order is at the below fail to return zone on 4 hours timeframes at 1.38470 and also we had the 2 area for take profit, first take profit is at 1.40371 dan second is at 1.40985. We can caught the second take profit if the price can breakout support become resisten at 1.40371.
GBPUSD