GBPUSD has been in a bearish trend for several months and is now at a low level not seen in a while. Currently, it is forming a bullish candle at a key zone on the daily chart, presenting an opportunity for a calculated risk.
Buy Stop: 1.27000
Take Profit: 1.33911
Stop Loss: 1.24625
Risk-to-Reward Ratio: 2.91
Ensure your position size aligns with the amount you are comfortable risking.
Buy Stop: 1.27000
Take Profit: 1.33911
Stop Loss: 1.24625
Risk-to-Reward Ratio: 2.91
Ensure your position size aligns with the amount you are comfortable risking.
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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.
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.