GBP/USD Long Ichimoku Trade Idea
This pair has dropped down to the cloud and held support. I'm now looking for this level of support to act as a possible platform for this pair to move upward. We're sitting at tenkan sen right now an I'm expecting price to fall again to test support this week which is when I'll look for entry. This will allow me to have a tight stop loss as well. I'll exit the trade if any of our bullish confirmations reverse, or if support is not held at the cloud.
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.