GBPUSD has broken an important level at 1.4850 and now it seems that GBPUSD is looking to target 1.5250 level. Currently a good trade is seen arround 1.4815 and buying GBPUSD around that level for initial target around 1.5110 level seems a good opportunity. The profits can be extended by targetting 1.5250 and protecting profits by using trailing stop.
Recommended Trade Levels
Trade: Buy EURUSD @ 1.4810
Stop: 1.4760
Profit Target 1: 1.5510
Profit Target 2: 1.5250
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1 comment:
Profit Target 2 achieved
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