GBP/USD struggles to break the resistance,pullback possible!
Hello traders, in my previous idea, I recommended selling GBPUSD
between 1.4195-1.4220 with SL above 1.4307 and initial TP at 1.3950.
(previous idea linked below). So, you might have earned 130+ pips profit
when GBP/USD dropped to 1.4080 last week.
Currently, the GBP/USD bulls have not been able to break the 1.4230 resistance.
So, a moderate pullback towards 1.39 is possible.
I recommend selling the rallies between 1.4165-1.4220 with SL above 1.4250
and TP at 1.3900.
between 1.4195-1.4220 with SL above 1.4307 and initial TP at 1.3950.
(previous idea linked below). So, you might have earned 130+ pips profit
when GBP/USD dropped to 1.4080 last week.
Currently, the GBP/USD bulls have not been able to break the 1.4230 resistance.
So, a moderate pullback towards 1.39 is possible.
I recommend selling the rallies between 1.4165-1.4220 with SL above 1.4250
and TP at 1.3900.
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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.
Related publications
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.