Assumptoion on H4: An H4 candle close below 1.24882 (minor support) confirmed with RSI below 50 will expose 1.2391 as our TP. Buy from 1.2391 with Stop-Loss at 1.2370. If 1.24882 (minor support) is maintained and there is a bounce off, wait for 1.2567 (major resistance) as retest then sell with Stop-Loss at 1.2600.
Assumption on D1: There is a Daily close below 20BB and Major resistance line with RSI [43.97] indicating a sell for GBPUSD. You can start selling GBPUSD base on D1 Assumption with Stop Loss at 1.2600 or wait for Retest or a H4 candle close below 1.24882. TP: 1.2391
Political: Iran seized British-flagged oil tanker (Sell GBPUSD)
Assumption on D1: There is a Daily close below 20BB and Major resistance line with RSI [43.97] indicating a sell for GBPUSD. You can start selling GBPUSD base on D1 Assumption with Stop Loss at 1.2600 or wait for Retest or a H4 candle close below 1.24882. TP: 1.2391
Political: Iran seized British-flagged oil tanker (Sell GBPUSD)
Trade active
Borris Johson won as the Prime Minister. Change TP:1.22770Trade closed: target reached
TP reached
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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.