Good morning everyone. We have initiated a GBPUSD long this morning with a 1:1 risk reward... not our favorite due to that very reason, but we will take it and take a smaller position size due to the risk. Once the market moves in our favor 20-30 pips we will bring stop loss to the higher low to reduce our risk. Good luck!
Follow us for our signals!
Trade active
Moving stop loss to below the higher low around 1.43714
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.