GBPUSD Long Analysis
Hello traders, this is my analysis for a long setup on cable.
I'm expecting a strong bullish move from GBPUSD this week to continue with the higher time frame direction.
Ideally I'd like to enter at the weekly closing price but if not I'll place an order @ 1.3078
R/R - 5.79
Any questions please comment below and follow for more trading ideas.
I'm expecting a strong bullish move from GBPUSD this week to continue with the higher time frame direction.
Ideally I'd like to enter at the weekly closing price but if not I'll place an order @ 1.3078
R/R - 5.79
Any questions please comment below and follow for more trading ideas.
Note
Stooped on first trade. Still expecting this trade idea to run so looking to enter again around 1.3080.Always have a Plan B.
Trade closed: stop reached
I will update a new setup for GBPUSD soon.
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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.