Long-term trading plan for GBPUSD
- 💎GBPUSD Analysis💎[/b]
🔸In the current context, GBP/USD is revealing a head and shoulders pattern, clearly supporting the long-term decline of the British Pound against the US Dollar. It is expected that this week, GBP/USD will continue to challenge the neckline around 1.2500 in the short term before potentially decreasing further. With today's trading session, the possibility of selling down GBP/USD can be considered when the price approaches the neckline, with the profit target (TP) set at the next support level. To protect positions, stop loss points (SL) can be set at a level appropriate to each person's trading strategy, but attention should be paid to the possibility of market fluctuations.
⚜️SELL LIMIT GBPUSD⚜️
👉ENTRY 1.2500
🔺SL 1.2525
❇️TP1 1.2400
❇️TP2 1.2300
