GBPUSD scalping signals
Updated
GBP/USD: Bulls push to test the 1.2840 resistance
Instead of continuing to rise, the Pound Sterling (GBP) is more likely to trade in a range between 1.2740 and 1.2840. Downward momentum has slowed; any further GBP weakness is likely limited to a retest of the 1.2710 level, UOB Group FX analysts Quek Ser Leang and Lee Sue Ann note.
SELL Scalping zone SELL GBPUSD now zone 1.28000-1.28200
↠ Stoploss 1.28400
→ Take Profit 1 1.27700
→ Take Profit 2 1.27000
Good luck everyone
Instead of continuing to rise, the Pound Sterling (GBP) is more likely to trade in a range between 1.2740 and 1.2840. Downward momentum has slowed; any further GBP weakness is likely limited to a retest of the 1.2710 level, UOB Group FX analysts Quek Ser Leang and Lee Sue Ann note.
SELL Scalping zone SELL GBPUSD now zone 1.28000-1.28200
↠ Stoploss 1.28400
→ Take Profit 1 1.27700
→ Take Profit 2 1.27000
Good luck everyone
Note
GBP/USD struggles to gain traction, holds above 1.2750
GBP/USD holds steady above 1.2750 after recovering from the daily low it set near 1.2700. Although the US Dollar stays under persistent selling pressure, the intense flight-to-safety doesn't allow the pair to stage a rebound.
Trade closed: target reached
SELL scalping win 100 pips, nice profit
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