GBPUSD is likely to sell from resistance area after bullish rally.
Profit target is 0.01934.
Confirmation for entry should be a 15min -30min engulfing candle from resistance area.
Profit target is 0.01934.
Confirmation for entry should be a 15min -30min engulfing candle from resistance area.
Comment:
Setup looking interesting. Keep holding guys.
Trade closed manually:
I am closing GU for now. It is highly possible price may look to take out highs before finally dropping. If you want to remain in this trade, your stop loss should be further higher, probably around 1.22706.
Comment:
Partials 70% partial profits should be secured at this point. You may close the trade completely if you like.