ForexRobotNation.com – Best Forex Robot & Expert Advisor Reviews Forex Robot, Expert Advisor GBP/USD Long-Term Trend: Bullish
Key Resistance Levels: 1.26895, 1.27384, 1.27858
Key Support Levels: 1.26386, 1.26106, 1.25499
Daily Chart:
The price on the higher time frame has recently started the bullish momentum after bouncing off the support level of 1.20903 The pair has continued to break a few resistance levels which suggests further trend continuation.
GBP/USD Medium-Term Trend: Bullish
1-Hour Chart:
On the lower time frame, the pair is moving in the major trend’s direction. It recently broke a major key level of 1.26106 As of now the pair has shown an aggressive move from that level forming a demand zone. A retest of that zone is expected before continuing the momentum.
Signal Idea:
Buy Limit Order @ 1.26410
TP @ 1.26835
Stop Loss @ 1.25985
Trade Safely 🙂
i enterd the trade hours ago and im still losing should i continue ?
It is a buy limit order and the entry is not triggered yet.
what do i do now? wait, i entered the price 1.26671 . is this good
TP is reached you can book profit.