FX:GBPUSD   British Pound / U.S. Dollar
Considering the range formed a lot of liquidity in upper zone, institutions are trying to hit SLs from retailers. When the zone breaks, the price will likely go back down to follow the trend. The SL considers possible drawdown to make sure it does not get hit with a ratio of 1 to 2.5

💥 Free signals and ideas ➡ t.me/vfinvestment
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.