GBPUSD Trade Idea

24 בדצמ׳ 2020

GU had breached the 1.3450 minor resistance and currently having some bullish momentum. Avoiding entering now as it's in the middle of the 1.3470 - 1.3617 range. If you're conservative, wait for a pullback towards 1.3450 - 1.3470 for long opportunities if the recent swing high (1.3533) holds with 1.3617 daily high as target. If you're aggressive, wait for a re-test of 1.3617 for potential mean reversion or reversal setup.

Trade safe.

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