GBP/USD formed Bullish Mat hold & Considerable Flag pattern
Updated
iForex: GBP/USD
Technical outlook
Bullish Mat hold pattern/ Bullish Flag pattern
Time Frame: Intraday and Daily time frame
Entry Level: less risk-averse 1.3110-1.3120 and for Risk-Averse 1.3150.
Target level: 1.3230
Reward approximately: 80 - 110 Pips
Risk: 20 pips From the current level
Stop-loss 1.3090
Technical outlook
Bullish Mat hold pattern/ Bullish Flag pattern
Time Frame: Intraday and Daily time frame
Entry Level: less risk-averse 1.3110-1.3120 and for Risk-Averse 1.3150.
Target level: 1.3230
Reward approximately: 80 - 110 Pips
Risk: 20 pips From the current level
Stop-loss 1.3090
Note
GBP USD made high 1.3175 (unrealized 65 Pips) after recommendation and SL triggered made low 1.3085 CMP 1.3110risk of -20 Pips
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