Trade of the Day GBPUSD

GBPUSD is testing the upside support

 

GBPUSD is testing the upside support 1.3850. A bounce off this level is required for another test of a strong upside continuation resistance 1.4060. Although a shallow dip to 1.3750 is not excluded, only a sustained break below 1.3750 would lead to a complete reversal lower. As long as the GBPUSD is above 1.3750 the uptrend is valid and you should target 1.4400. 

Note – Look for the long trade entries with the stop loss below 1.3750

GBPSUD price action trading strategy

 

 

 

 

If you want to learn trading analysis and how to get to key trading levels like in this article register for Private Live mentoring with your trading evaluation.

Funded trader accounts with unlimited lot size to trade!

Register today and trade a Funded Trader account without limitations!

No limits in maximum lot size allowed to trade! Profit-sharing up to 60%!

 

Copy our trades!

Scroll to Top
×