GBPUSD Analysis

Hedging Strategy
BUY SPOT
TP 1 - 1.26397
TP 2- 1.26745
SL - 1.26102

(1)
Requires monitoring:
Retest off support at 1.26150
then hold till 0.5 on the
1H chart

(2)
Requires monitoring:
Simply buy retest on parallel channel
and hold till 0.5 level on the 1H chart
(1.26397)

(3)
Requires monitoring:
The break of parrallel channel
2. Out the retest level on the 1H (0.50)
(1.26551)

1.26102 - sell spot
SL - 1.26232
TP 1 - 1.25924
TP 2 - 1.25747
TP 3 - 1.25233

(1)
confluence on sells:
1. broke the support on the 0.382 level on the 1h chart
2. Break of channel on 1 hour trend
3. Exit from golden level zone