British Pound / U.S. Dollar

Long

Updated

GBPUSD is trading at significant support level

After reaching $1.40 levels, GBPUSD shows some respect with oversold signals. we can see some upward correction from here.

Trade: Buy @ 1.4004
TP1 1.4090
TP2 1.4140
SL 1.3960

Regards,
Tarek Esawy

Note

Please move you SL to 1.3940 Level, Oversold signals could help the pair to hold above support if it can be solid above 1.3960

Trade closed: stop reached

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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.

Also on:

Related publications

GBPJPY is forming triple top

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.