I saw the movement of GBPUSD, it might go up because of the support at 1.30102 and break the bearish trendline. Here's a few option for buying up.
PLAN 1
Buy limit @1.2990 and a 30-40 pips SL
-NFP tonight and it might be risky.
-More Risky Trade but i expecting USD to be neutral.
PLAN 2
Buy limit @1.2904 and a 30-40SL
-This buy limit is for after NFP, just in case if USD is strong
-Less Risky trade, but i expecting wont be needing or will hit this limit.
PLAN 3
Straight buy if it breaks the bearish Trendline.
PLAN 1
Buy limit @1.2990 and a 30-40 pips SL
-NFP tonight and it might be risky.
-More Risky Trade but i expecting USD to be neutral.
PLAN 2
Buy limit @1.2904 and a 30-40SL
-This buy limit is for after NFP, just in case if USD is strong
-Less Risky trade, but i expecting wont be needing or will hit this limit.
PLAN 3
Straight buy if it breaks the bearish Trendline.
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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.