Currency Pair: GBPUSD
Timeframe: H1
Date/Time of Signal: 3rd February 2020 / 1530hrs (SGT)
Review:
The Pound recently declined amid fears of hard Brexit (renew fears of no-deal Brexit) while the safe-haven currency such as US Dollar and Yen demand continues due to the Coronavirus.
For the month of January, GBPUSD have been ranging between 1.3000 and 1.3200.
The price tested and bounce off the resistance level of 1.3190.
Following the trend, trade signaled to sell GBPUSD (Entry: 1.3150) with 3 Take Profit (TP) Targets (TP1: 1.3130, TP2: 1.3110, TP3: 1.3090) and Stop Loss (SL) at 1.3180.
Timeframe: H1
Date/Time of Signal: 3rd February 2020 / 1530hrs (SGT)
Review:
The Pound recently declined amid fears of hard Brexit (renew fears of no-deal Brexit) while the safe-haven currency such as US Dollar and Yen demand continues due to the Coronavirus.
For the month of January, GBPUSD have been ranging between 1.3000 and 1.3200.
The price tested and bounce off the resistance level of 1.3190.
Following the trend, trade signaled to sell GBPUSD (Entry: 1.3150) with 3 Take Profit (TP) Targets (TP1: 1.3130, TP2: 1.3110, TP3: 1.3090) and Stop Loss (SL) at 1.3180.
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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.
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.