British Pound / U.S. Dollar

Long

Looking for reasons to buy GBPUSD

By BACapitalManagement

Updated

Price may find support around 1.277, 1.305, 1.355. I'll be looking for bull candles to post on the daily time frame around these price zones. If I get bull candles on the daily time frame, then I'll move to the 1H time frame and place buy limit orders at previous market levels.

Comment

Bull candle posted on the daily time frame.

snapshot

Comment

Rough look at entries and stop losses on 1H time frame.

snapshot

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