GBPUSD - Strong Rally Above 1.2675
The GBPUSD has traded above the Weekly Key Price of 1.2675, establishing an uptrend in the 15-minute timeframe. Although the weekly, daily, 4-hour, and 1-hour timeframes are bearish, we focus on trading what we observe in the current timeframe. With the price trading above 1.2675 and a bullish wave structure, our action is to either buy or remain on the sidelines as long as the price stays above this key level.
Buy Entry: 1.2385
Technical Stop Loss: 1.2665
Key Level Stop: Below 1.2675
Always think in probabilities.
Buy Entry: 1.2385
Technical Stop Loss: 1.2665
Key Level Stop: Below 1.2675
Always think in probabilities.
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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.