British Pound / U.S. DollarUpdated GBPUSD Trading Strategy June 15, UK economy has gradually recove
Before the neutral move of the US dollar in Asia, the GBP/USD pair is trading mixed, holding near 1.2645.
According to the gross domestic product report, the UK economy in April grew slightly by 0.2% compared to −0.3% in the previous month, resulting in an annual growth rate of 0.5%, well above the previous level. 0.3% in March.
The statistics confirm the possibility that the country's economy will be able to avoid a Recession.
The technical indicators are maintaining a buy signal: the fast EMAs on the "Alligator" indicator are above the signal line, and the AO histogram is forming bullish bars in the buy zone.
Impedance: 1.2700
Support Level: 1.2620 - 1.2600
BUY GBPUSD : 1.2640 - 1.2645 💯💯
✅ TP: 1.2700
🛑 SL: 1.2600
According to the gross domestic product report, the UK economy in April grew slightly by 0.2% compared to −0.3% in the previous month, resulting in an annual growth rate of 0.5%, well above the previous level. 0.3% in March.
The statistics confirm the possibility that the country's economy will be able to avoid a Recession.
The technical indicators are maintaining a buy signal: the fast EMAs on the "Alligator" indicator are above the signal line, and the AO histogram is forming bullish bars in the buy zone.
Impedance: 1.2700
Support Level: 1.2620 - 1.2600
BUY GBPUSD : 1.2640 - 1.2645 💯💯
✅ TP: 1.2700
🛑 SL: 1.2600
Note
Running +30 Pips 🚀🚀Note
HIit TP +60pips ✅
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Related publications
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.