GBP/USD Bullish Butterfly
It looks as if GBP/USD has found enough support above 1.3711,
at least for the time being.
If the 1.3711 level holds, then I would recommend the
three long trade setups for next week as today will be too
volatile to enter.
Trade 1
Entry: Close above 1.37788
S/L: 1.37038
T/P: 1.38569
Trade 2
Entry: Close above 1.38569
S/L: 1.38188
T/P: 1.39332 (61.8% Fib retracement)
Trade 3
Entry: Close above 1.39411
S/L: 1.38766
T/P: 1.40701
Happy trading.
It looks as if GBP/USD has found enough support above 1.3711,
at least for the time being.
If the 1.3711 level holds, then I would recommend the
three long trade setups for next week as today will be too
volatile to enter.
Trade 1
Entry: Close above 1.37788
S/L: 1.37038
T/P: 1.38569
Trade 2
Entry: Close above 1.38569
S/L: 1.38188
T/P: 1.39332 (61.8% Fib retracement)
Trade 3
Entry: Close above 1.39411
S/L: 1.38766
T/P: 1.40701
Happy trading.
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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.