⚡️Strifor || GBPUSD-01/02/2024
Preferred direction: BUY
Comment: Similar to the situation with EURUSD, for the British currency we are also starting to consider a medium-term purchase. Yes, the US dollar has begun to strengthen as we expected, but most likely the growth of the American currency will not be as impressive as we expected. One of the options would be to fix part of the volume and move the transaction to breakeven. Our proposed long trade is of a medium-term nature, so a step by step set of positions will be used here.
As always, we highlight two scenarios, but in fact they can be combined into one, which involves a step by step accumulation of a long position.
Thank you for like and share your views!
Comment: Similar to the situation with EURUSD, for the British currency we are also starting to consider a medium-term purchase. Yes, the US dollar has begun to strengthen as we expected, but most likely the growth of the American currency will not be as impressive as we expected. One of the options would be to fix part of the volume and move the transaction to breakeven. Our proposed long trade is of a medium-term nature, so a step by step set of positions will be used here.
As always, we highlight two scenarios, but in fact they can be combined into one, which involves a step by step accumulation of a long position.
Thank you for like and share your views!
Trade closed: target reached
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