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British Pound / U.S. Dollar
Long

GBP/USD open Low near 1.2774 after pull beak

By Yuriy_Bishko
Updated
Currency rate break up powerful 1 year level 1.2774

After pull beak to 1.2774 we can open long with goal 1.2965 because when the price bounced from such levels like 1 year low it can move few hundred pips.

I will publish a signal when you can open a deal, if this post will get 50 like.
Comment
everthing changed, currency rate moved down powerfuly

I will lopen Short if H4 will close under key level 1.2774 snapshot
Trade active
H4 close under key level
We can open Short
Trade active
set a S/L at 1.2810
Trade active
GBP/USD moved down 50 pips from the entry point
You can move S/L into breakeven (1.2770)

Also, if you want to get more such deals posh like. If there will be more then 25 like I will do it again.
snapshot
Comment
H4 close under 1.2726
It is the best signal for continue of the trend.

The price is moving to 13 months low 1.2589
Near that level middle - term trend can change it direction

snapshot
Comment
snapshot
Comment
Move S/L to 1.2740 ( profit zone)
Trade closed manually
beyondtechnicalanalysisChart PatternsGBPUSDgbpusdanalysisgbpusdideagbpusdlonggbpusdsignalTrend AnalysisWave Analysis
Yuriy_Bishko
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