GBPUSD Fibonacci Buy
There is one level that I am looking at for the GBP/USD:
Support(1): 38% Fibonacci Retracement, 1.2090
Here's the trade:
1) Buy 1.2094
2) Stop Loss @1.2071
3) Profit Target @ 1.2117, 1:1 risk vs reward
Be ready for the BoE release during the London session.
Support(1): 38% Fibonacci Retracement, 1.2090
Here's the trade:
1) Buy 1.2094
2) Stop Loss @1.2071
3) Profit Target @ 1.2117, 1:1 risk vs reward
Be ready for the BoE release during the London session.
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.