In this Analysis you can see that the GBPUSD price on the 30-minute chart is crossing the baseline and there is a possibility for a SELL position.
What we look for:
long positions above 1.3120 with targets at 1.3240 & 1.3270 in extension.
If trend will change:
below 1.3120 look for further downside with 1.3085 & 1.3055 as targets.
My entry details:
- Entry Level: 1.3192
- Take Profit level: 1.32700
- Stop Loss level: 1.30850
- Risk: 1% of balance
*This Analysis is for educational purposes only and is not financial advise.
What we look for:
long positions above 1.3120 with targets at 1.3240 & 1.3270 in extension.
If trend will change:
below 1.3120 look for further downside with 1.3085 & 1.3055 as targets.
My entry details:
- Entry Level: 1.3192
- Take Profit level: 1.32700
- Stop Loss level: 1.30850
- Risk: 1% of balance
*This Analysis is for educational purposes only and is not financial advise.