Support level unbroken in GBP/USD, time for 1.24?

Long

Livre sterling / Dollar américain (FX:GBPUSD)

Mis à jour

FX:GBPUSD Livre sterling / Dollar américain

trendanalysis chartpattern gbpusd gbpusdanalysis gbpusdsignal gbpusdtrade

Hello traders, there was another dip in GBP/USD today and the price
visited the 1.2090 support zone. However, the dip was rapidly
bought and the price has rebounded 60+ pips.

So, my strategy is to buy the dips in GBP/USD as long as the support
zone stays intact. Target would be at 1.2250 and then 1.24

Commentaire:

Price is now 100 pips up from the 1.2090 level

Commentaire:

While price breached the 1.2220 level, there was no sustained move beyond it.
Price may visit the support again

Trade fermée: cible de profit atteinte:

280 Pips profit from my buy level at 1.2090.
Closed@1.2370

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