PeNuel2020

GBPUSD - ADD MORE BUY

Long
FX:GBPUSD   British Pound / U.S. Dollar
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WHY BUY GBPUSD?
- PAIR BOUNCES OFF KEY DEMAND ZONE ABOVE @1.315/.320
- PAIR KEEPS BUY PRESSURE INTACT ABOVE DEMAND ZONE AS A FORM OF ACCUMULATION
- PAIR BREAKS OUT OF ACCUMULATION ZONE TO ACHIEVED FIRST TARGET @1.3380


While I took a long position on GBPJPY and made +270pips (www.tradingview.com/...BPJPY-BUY-ABOVE-150/)
I also took a long position on GPUSD and made +150pips so far, achieving target 1 (www.tradingview.com/x/lkCDDhJy/)
This is a form of layering. So, if you dont have enough capital or risk management, do not take the trade.


BUY 2 @1.3300
SL @1.3230
TP IS OPEN (CHOOSE WISELY)


Above all, in as much as nothing is certain or fixed,follow your trading plan and risk management, as well as the disclaimer below!
Bear in mind that 2021 is at the last month to its end. A lot of volatility and uncertainties are possible. Protect your money at all cost!

DISCLAIMER: Please note that this is not an investment advice for anybody to run or undertake; It is strictly for
educational purposes only and they are my personal views on these assets. If anything goes south, I am not liable at all.
Also, know that Forex is a high risk and reward business. So, do not trade with borrowed money or the one you can
not afford to lose.

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.