#GBPUSD - H1
📣 Upon analyzing the 1-hour timeframe, with the breakout of the 1.2400 peak, one could consider initiating a buy position with a target of 1.2460.
⛔ Stop Loss: 1.2360
On the other hand, with the break of the support level at 1.2360, we could expect a price decline towards the 1.2300 level.
⛔ Stop Loss: 1.2400
📣 Upon analyzing the 1-hour timeframe, with the breakout of the 1.2400 peak, one could consider initiating a buy position with a target of 1.2460.
⛔ Stop Loss: 1.2360
On the other hand, with the break of the support level at 1.2360, we could expect a price decline towards the 1.2300 level.
⛔ Stop Loss: 1.2400
Trade closed: target reached
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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.