Get started
Signal_Centre

GBPUSD - Time to position for some bullish Brexit news?

Long
British Pound / U.S. Dollar (FX:GBPUSD)  
Signal_Centre Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns Head and Shoulders GBPUSD sterling dollar cable brexit
7
0
trendanalysis chartpattern headandshoulders gbpusd sterling dollar cable brexit
Trade Idea

Price action looks to be forming a bottom.
A bullish reverse Head and Shoulders is forming.
We have a 38.2% Fibonacci pullback level of 1.2115 from 1.2075 to 1.2240.
Although the anticipated move higher is corrective, it does offer ample risk/reward today.
We look to buy dips.

We look to Buy at 1.2120
Stop: 1.2075
Target 1: 1.2240
Target 2: 1.2270
Trade closed: target reached:
Target achieved. Time to start buying dips?
Live Youtube - www.youtube.com/@SignalCentre/streams
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.