GBP/USD 1H - Morning people, I hope you are all okay. As you can see price has played out again very well during the Asian session. I believe we will see our TP achieved by the end of todays NY.
With price setting new highs and lows above our entry I believe we safe to move our SL to breakeven to avoid taking any losses from this position. A reversal here would mean longer term bearishness anyways.
This trade is currently running + 152 pips. (+ 6.4%) 6.4RR
A big well done to those of you who jumped in on this trade, if you have any questions with regards to the analysis or the position itself then please drop me a message or comment below and I will get back to you as soon as possible.
Ensure you are managing your trades correctly. I have gone ahead and moved my SL to Entry and I have also taken another partial to bank profits and remove any unwanted risk.
With price setting new highs and lows above our entry I believe we safe to move our SL to breakeven to avoid taking any losses from this position. A reversal here would mean longer term bearishness anyways.
This trade is currently running + 152 pips. (+ 6.4%) 6.4RR
A big well done to those of you who jumped in on this trade, if you have any questions with regards to the analysis or the position itself then please drop me a message or comment below and I will get back to you as soon as possible.
Ensure you are managing your trades correctly. I have gone ahead and moved my SL to Entry and I have also taken another partial to bank profits and remove any unwanted risk.
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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.