GBPUSD SHORT FROM OB
Updated
Trading Strategy Ideas
Long Position: Consider a buy entry if GBP/USD closes above the trendline resistance with momentum, targeting 1.3040 - 1.3050 as the next resistance. A stop-loss below the 1.2950 support would reduce risk.
Short Position: If the price gets rejected at the resistance and breaks below 1.2950, a short position could be viable, aiming for the next support at around 1.2800 or lower.
Long Position: Consider a buy entry if GBP/USD closes above the trendline resistance with momentum, targeting 1.3040 - 1.3050 as the next resistance. A stop-loss below the 1.2950 support would reduce risk.
Short Position: If the price gets rejected at the resistance and breaks below 1.2950, a short position could be viable, aiming for the next support at around 1.2800 or lower.
Trade closed: target reached
target reached! with 250pips gained
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