GBP/USD: Intraday Trading Strategy – Focus on IFO Business Clima
Today, I am focusing on GBP/USD, keeping a close eye on the IFO Business Climate in Germany at 10:00 CET, which could influence market sentiment.
📌 Trading Strategy:
🔹 Buying on dips around 1.2620/1.2610, with a stop adjusted based on volatility.
🔹 Selling at 1.2699, expecting a pullback.
🔹 If the resistance breaks, I will buy and target 1.2870 as an extension.
Market momentum and reaction to macroeconomic data will be key to refining my positions. Risk management remains my priority. 🔎📊
#Forex #Trading #GBPUSD #MarketAnalysis
📌 Trading Strategy:
🔹 Buying on dips around 1.2620/1.2610, with a stop adjusted based on volatility.
🔹 Selling at 1.2699, expecting a pullback.
🔹 If the resistance breaks, I will buy and target 1.2870 as an extension.
Market momentum and reaction to macroeconomic data will be key to refining my positions. Risk management remains my priority. 🔎📊
#Forex #Trading #GBPUSD #MarketAnalysis
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.
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.