Gbpusd last Analysis worked perfectly. Now if we see on Daily charts its on Demand Zone its hold 1.2620 level many times where if breaks below 1.26 and hold then we can see 1.2450-1.2470 as hold above 1.2620 we can see a jump toward 1.2750-1.280 Advice to buy cmp 1.2655 sl 1.2590 TP 1.2750 Let see how simple Things works.
After having 500+ Pips in Gbpnzd pair. Now on daily Time Frame Pairs seems in oversold condition and also on daily chart we can see now its hold above its strong Support. as its holding above 1.74 we can see a jump toward 1.80-1.80 so advice to buy pair in range of 1.762-1.75 sl below 1.7380 TP1 1.80 TP2 1.82
Gbpusd trading around 1.2820 level Strong support 1.2750 If hold above that level a jump expected toward 1.2950-1.300 where breakage of 1.2750 may call for 1.26-1.2550. Risk of 70 pips for buy Risk takers can take entry for 70 pips Rewards 130-180 pips. if trade so lot size must be 0.02 below 1000usd