Selling the rallies in GBP/USD as long as the resistance holds
Обновлено
Hello traders, as per my previous trading plan on GBPUSD, our
sell entry at the 1.2410 zone gave us over 170 pips profit as
GBP/USD fell to 1.2240 levels.
Currently, the price is not in an area where we can execute new
sells. So, my plan is to wait for a pullback and see if the price reaches
the resistance level near 1.24.
If the resistance zone holds, we can consider selling GBP/USD again
at 1.24 with 1.2200 as the target.
sell entry at the 1.2410 zone gave us over 170 pips profit as
GBP/USD fell to 1.2240 levels.
Currently, the price is not in an area where we can execute new
sells. So, my plan is to wait for a pullback and see if the price reaches
the resistance level near 1.24.
If the resistance zone holds, we can consider selling GBP/USD again
at 1.24 with 1.2200 as the target.
Заметка
Price has dropped 40 pips since I posted
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