Hi Folks,
Gbpusd has caught my attention once again. So after last week's CPI news release, we hv seen some bullishness on gbpusd. With that in mind, I will be looking for higher prices on the cable. Although before I go looking for long position I would prefer to see price retest the support level marked out around 1.2500 level before looking to go long.
Pls stay safe this not a financial advise.
Gbpusd has caught my attention once again. So after last week's CPI news release, we hv seen some bullishness on gbpusd. With that in mind, I will be looking for higher prices on the cable. Although before I go looking for long position I would prefer to see price retest the support level marked out around 1.2500 level before looking to go long.
Pls stay safe this not a financial advise.
Trade closed: stop reached
Hi folks, price has hit the t.p level we marked although I didn't take this trade. Because I had wanted price to retest the support level we marked Before looking for buying opportunities. Had price retested I would've gone long on gbpusd on doubt. So until next time be safe.
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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.